Here's the English translation:
Japanese Metaplanet announces the purchase of 1,004 more BTC, with a total of 7,800 BTC held. This morning, as BTC surged to 107K and the purchase news was announced, the stock price reached a high of 717 yen, just a step away from the February high of 721 yen.
Japanese Metaplanet announced the purchase of 1,004 more BTC at an average purchase price of 15,134,304 yen per BTC, with a total purchase amount of 1.5195 billion yen. Currently, the company holds a total of 7,800 BTC, with a cumulative purchase cost of 10.5384 billion yen, and an average purchase price of 13,510,831 yen per BTC. Calculated at the current USD/JPY exchange rate of 145, the average cost is $93,178 per BTC.
The announcement also mentioned BTC Yield as a key performance indicator (KPI) to measure changes in BTC holdings relative to fully diluted shares. Recent BTC Yield data is as follows:
January 1 to March 31, 2025: 95.6%
April 1 to May 19, 2025: 47.8%
Metaplanet previously mentioned in its financial report that the company aims to purchase 10,000 BTC by the end of this year and 21,000 BTC by 2026.
Metaplanet is the Asian listed company with the most BTC and is actively expanding its BTC holdings through capital markets. This strategy has garnered high attention in the Japanese market and has been included in multiple global and local ETFs.
Its shareholder count has grown 500% in a year, now reaching 64,000 shareholders. Benefiting from Japan's tax system and advantages for retail and institutional investors, its mNAV (current stock price to BTC value ratio) has remained high long-term. The stock price has also risen 18.4 times in a year.
This morning, as BTC surged to 107K and Metaplanet's purchase news was announced, the stock price reached a high of 717 yen, just a step away from the February high of 721 yen.
[The second part of the text about Moody's downgrade of US credit rating is also translated in the same professional manner.]
After that, these contracts were rewritten as government securities, excluding the credit rating qualification conditions. This is why in August 2023, when Fitch downgraded the US rating to AA+, the United States became an AA+ country with a split rating. This downgrade had almost no impact on the bond market. Technically, the overall US credit rating did not change, as it was previously a split AA+ rating, and now it is consistently rated AA+. He specifically emphasized that no one would take action on Monday because of this.
Risk Warning
Cryptocurrency investment carries high risks, and its price may fluctuate dramatically. You may lose all of your principal. Please carefully assess the risks.
