Tokyo-listed investment firm Metaplanet has announced that its ongoing Bitcoin purchases have delivered positive returns for shareholders, with a reported 116% yield this month, according to an Oct. 25 statement.
This gain reflects a substantial jump from the 41.7% yield recorded on Metaplanet’s Bitcoin holdings from July 1 to Sept. 30.
The company attributed this sharp increase to a notable rise in its Bitcoin holdings, which more than doubled compared to the previous quarter. Metaplanet acquired over 450 BTC in October alone, bringing its total holdings to 855.5 BTC, valued at over $56.1 million.
BTC Yield reporting
The yield returns were reported for the first time on Oct. 25 after Metaplanet revealed that it had adopted the “BTC Yield” as an official key performance indicator (KPI).
The company introduced this measure after being inspired by MicroStrategy, the largest corporate holder of the top asset. This metric calculates the percentage change in the ratio between total Bi
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