Japanese investment firm Metaplanet has made its largest-ever Bitcoin purchase by acquiring 619.7 BTC for nearly $60 million, as Bitcoin trades at approximately $96,000. This purchase, made on December 23, 2024, is significantly larger than its previous record buy of 159.7 BTC in October. Metaplanet now holds a total of 1,762 BTC, valued around $168 million, with an average purchase price of about $75,600 per BTC. The firm, often compared to MicroStrategy, reported an impressive BTC Yield of 310% from October to December, outperforming the 41.7% yield from the previous quarter. Additionally, Metaplanet aims to establish a formal business line for Bitcoin accumulation and management, which will also explore various financial instruments for purchasing Bitcoin. The firm’s stock surged over 2,100% this year, peaking at 4,080 Japanese yen shortly after its recent announcement.

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