On Aug. 25, the two companies announced that they acquired more than 3,100 BTC, reflecting how institutional treasuries directly reduce available supply and shape market liquidity.
The firm said it paid an average of $115,829 per coin, using proceeds from recent sales of its Class A common stock and preferred share offerings.
This acquisition raised Strategy’s total stash to 632,457 BTC, accumulated at a cost of roughly $46.5 billion. The company’s average purchase price now stands at $73,527 per Bitcoin.
At current market levels, those holdings are valued at nearly $70.56 billion, equating to a profit margin of around 51.7%.
The move represents Strategy’s most significant buy this month, following smaller acquisitions of 155 BTC and 430 BTC earlier in August.
It also reinforced the firm’s strategy of steadily building reserves amid heightened volatility. Year-to-date, Strategy’s Bitcoin position has delivered a yield of 25.4%.
With this addition, Metaplanet’s reserves climbed to 18,991 BTC, purchased at an aggregate cost exceeding $1.9 billion.
Based on current market prices, those holdings are worth approximately $2.12 billion, giving the company a profit margin near 9%.
The announcement coincided with the firm’s inclusion in the FTSE Japan Index.
“Metaplanet has been added to the FTSE Japan Index in the September review. Another important milestone on our journey as Japan’s leading Bitcoin treasury company.”
The FTSE Japan Index measures the performance of medium- and large-capitalization companies listed on Japanese exchanges. The inclusion of the Bitcoin-focused company means it has been upgraded from a small-cap to a mid-cap status.
