Metaplanet Buys The Bitcoin Dips With a 18.67x BTC Rating
The post Metaplanet Buys The Bitcoin Dips With a 18.67x BTC Rating appeared on BitcoinEthereumNews.com.
Metaplanet, popular as Japan’s MicroStrategy, has bought the recent Bitcoin price dip, acquiring an additional 775 Bitcoin earlier today. Through its consistent Bitcoin purchases, the company has now achieved a BTC rating of 18.67x, which puts it at a very healthy position against the BTC volatility. After hitting all-time highs last week, BTC price has corrected over 7% and is currently finding support at $115,000. Metaplanet Buys More Bitcoins, Hitting 18.67x BTC Rating On August 18, Japan’s MicroStrategy announced an additional BTC purchase of 775 BTC, taking its total Bitcoin holdings to 18,888 BTC. As per the data from Bitcoin Treasuries, Metaplanet is the seventh-largest Bitcoin holder, and is on the verge of overtaking Bitcoin miner Riot platforms. Peter Thiel-backed crypto exchange Bullish is the new entrant in the top five list after a successful IPO last week. Following its recent BTC purchase, the Japanese firm has reported a year-to-date Bitcoin yield of 480.2% for 2025. Furthermore, the average BTC purchase price for the company stands at $102,653 per coin. Dylan LeClair, the company’s Bitcoin strategist, recently noted that Metaplanet’s Bitcoin holdings have reached approximately $2.18 billion, significantly outweighing its outstanding 0% ordinary bonds of about $120 million. The company’s 19th Series Ordinary Bonds are over-collateralized by 18.67 times through its BTC reserves. Thus, the company’s BTC rating has reached a massive 18.67x, which means that the firm’s Bitcoin Treasury is over 18 times its outstanding debt. Adding further, Dylan LeClair stated: “As it currently stands, the price of Bitcoin would have to decline 94.6% to ~$6,200 for our $BTC NAV to match our outstanding senior bond obligations.” Source: Dylan LeClain Metaplanet Stock In Demand After Strong Q2 Metaplanet stock has been in demand after reporting the strongest quarterly results in the second quarter of 2025. During the last week,…
Filed under: News - @ August 18, 2025 6:26 am