Metaplanet announced on Thursday that it acquired 2,823 bitcoin during the second quarter, bringing its total holdings to 43,000 BTC.
According to its July 2 disclosure, Metaplanet spent roughly 35.9 billion Japanese yen ($222 million) on purchasing bitcoin over the past three months, which translates into 12.7 million yen ($78,608) per bitcoin.
The total purchase cost of its bitcoin treasury stood at 659.2 billion yen ($4.07 billion), representing an average cost of 15.3 million yen ($94,792) per bitcoin.
During the second quarter, Metaplanet also generated $10.95 million worth of revenue from its Bitcoin Income Generation program, which involves the use of bitcoin options for additional returns.
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