Metaplanet Inc.在其財政部增加了另外319個比特幣，將其總持股量達到4,525 BTC

一家上市的日本公司Metaplanet Inc.宣布，作為其財政部策略的一部分，已在其資產負債表中增加了319個比特幣。

Publicly listed Japanese firm Metaplanet Inc. has disclosed that it has added another 319 Bitcoins to its balance sheet as part of its treasury strategy. This batch of BTC was purchased at an average price of 11.8 million yen, bringing the total to 3.78 billion yen.

公開上市的日本公司Metaplanet Inc.透露，作為其財政部策略的一部分，它在其資產負債表中又增加了319個比特幣。這批BTC的平均價格為1180萬日元，總計達到37.8億日元。

This latest acquisition brings Metaplanet’s total Bitcoin stash to 4,525 BTC, bought at an average price of 12.8 million yen per BTC, which amounts to approximately 58.1 billion yen in total.

這項最新的收購將Metaplanet的總比特幣藏匿處提高到4,525 BTC，平均價格為每BTC 1280萬日元，總計約581億日元。

Despite the crypto downturn, Metaplanet’s stock has shown performance with a 0.57% gain this year. As the company integrates more BTC into its portfolio, it’s showcasing strong resilience and a focused strategy to expand its digital asset holdings.

儘管有加密貨幣的經濟低迷，但Metaplanet的股票表現出了今年的表現，增長了0.57％。隨著公司將更多的BTC整合到其投資組合中，它展示了強大的韌性和擴展其數字資產持有量的集中策略。

A Special Metric: BTC Yield

特殊指標：BTC產量

The company measures the success of its Bitcoin accumulation strategy with a special metric called BTC Yield. This yield shows how much more Bitcoin they accumulate compared to their shares in circulation.

該公司通過稱為BTC收益率的特殊指標來衡量其比特幣積累策略的成功。該產量表明，與流通股相比，它們積累了多少比特幣。

From January to March 2025, their BTC Yield was a solid 95.6%, and between April 1 to April 14, it was 6.5%, showcasing continued growth despite a shorter period.

從2025年1月到2025年3月，其BTC收益率為95.6％，在4月1日至4月14日之間，達到6.5％，儘管期間較短，但仍展示了持續增長。

How They’re Funding the Buying Spree

他們如何為購買狂潮提供資金

Metaplanet has been funding its massive Bitcoin purchases by teaming up with EVO FUND, a major investor. Instead of taking regular loans that require interest payments, the company has been issuing zero-coupon bonds, which don’t need interest to be paid. Along with that, EVO FUND gets the right to buy Metaplanet shares at the market price.

Metaplanet與主要投資者Evo Fund合作，一直在為其大規模的比特幣購買提供資金。公司一直在發行零息債券，而不需要支付利息，而不需要支付利息。隨之而來的是，EVO基金有權以市場價格購買Metaplanet股票。

Now, when EVO FUND buys those shares, they pay in cash. And that cash is then used by Metaplanet either to repay the bonds or buy more Bitcoin.

現在，當EVO基金購買這些股票時，它們以現金支付。然後，Metaplanet將現金用於償還債券或購買更多比特幣。

Between January and March 2025, Metaplanet rolled out several rounds of these bonds, with each tranche ranging from 2 to 4 billion yen, to support its ongoing Bitcoin investment strategy.

在2025年1月至2025年3月之間，Metaplanet推出了幾輪債券，每批批量從2到40億日元，以支持其正在進行的比特幣投資策略。

Issuance of Shares and Its Impact on Shareholders

發行股票及其對股東的影響

In the first quarter of 2025 alone, Metaplanet issued a massive 64.6 million new shares, and by April 14, they had issued a staggering 106.3 million shares. This level of share issuance is significant and can impact existing shareholders.

僅在2025年的第一季度，Metaplanet就發行了6460萬股新股，到4月14日，他們發行了驚人的1.063億股股票。這種股份發行水平很重要，可能會影響現有股東。

However, Metaplanet claims they’re carefully managing dilution, which means shareholders aren’t losing too much ownership percentage in the company. They use a calculation of “Bitcoin per fully diluted share” to show that each share is becoming more valuable in terms of Bitcoin.

但是，Metaplanet聲稱他們正在仔細管理稀釋，這意味著股東不會在公司中損失太多的所有權百分比。他們使用“每稀釋份額比特幣”的計算，以表明每個份額在比特幣方面變得越來越有價值。

The company's innovative approach to treasury management and its bold vision for cryptocurrency integration are positioning it as a unique entity in the evolving financial landscape.

該公司對財政管理的創新方法及其對加密貨幣整合的大膽願景將其定位為不斷發展的金融環境中的獨特實體。

It remains to be seen how Metaplanet will navigate the complexities of the market and sustain the momentum of its treasury investment strategy in the long run.

從長遠來看，Metaplanet將如何導航市場的複雜性並維持其國庫投資策略的勢頭還有待觀察。