Metaplanet's Bitcoin holdings rank 12th among listed companies, with BTC returns reaching 310% since October
Odaily Planet Daily News: Japanese listed company Metaplanet announced today that it has increased its holdings of 619.7 BTC, placing its Bitcoin holdings 12th among listed companies, second only to medical technology manufacturer Semler Scientific. The Metaplanet report states that from October 1st to December 23rd, its BTC yield was 310%, much higher than the 41.7% from July to September. Metaplanet uses BTC returns to evaluate the performance of its Bitcoin acquisition strategy, which aims to bring value to shareholders. According to Google Finance data, Metaplanet's stock price rose 5% after the announcement, but still fell nearly 13% in the past week. However, due to the company's adoption of Bitcoin strategy, the stock price has risen by over 2100% this year and reached a historic high of 4080 yen ($26) on December 17th. (Cointelegraph)