Markets, MetaPlanet, Digital Asset Treasury, Japan, News Japanese company Metaplanet has the largest BTC stash among public companies outside the U.S. 

Metaplanet (3350) said it bought 780 more bitcoin (BTC), bringing its total holdings to 17,132 BTC valued about $2 billion at current prices.

The Tokyo-based company paid an average 17.5 million yen ($118,176) per coin, according to a Monday disclosure.

Metaplanet uses a metric, called BTC Yield, to track shareholder value in relation to dilution. The BTC Yield for July 1-July 28 is 22.5%, Metaplanet said.

For the quarter-ended June 30, BTC Yield was 129.4%, up from 95.6% in the preceding three months.

Since adopting a bitcoin treasury strategy based on that of Strategy’s (MSTR), Metaplanet has acquired 17,132 BTC, the largest holding among public companies outside the U.S, at an average price of $99,732 per coin.

Metaplanet shares rose 5% to close at 1,240 yen on Monday, outperforming the Nikkei 225 index, which fell 1.1%.

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