Metaplanet, a publicly-listed company, recently purchased an additional 330 BTC. This acquisition increased their total holdings to 4,855 BTC, valued at over $420 million. This marks their third bitcoin purchase this month. Meanwhile, bitcoin’s price surpassed $87,300. Metaplanet now ranks as the tenth-largest public holder of BTC. In related news, ANAP Holdings, a Japanese fashion brand, bought 16.6591 BTC last week, worth about 200 million yen or $1.4 million. ANAP’s subsidiary, ANAP Lightning Capital, will manage these assets. They plan to assess the market value of their BTC quarterly, with any gains or losses reflected in their financial statements. ANAP’s BTC yield for the current quarter stands at 12.1%, following a 95% yield in the previous quarter. Despite market volatility, bitcoin has outperformed U.S. equities, which lost $5.4 trillion in value over two days in April. During that period, the Nasdaq dropped 11%, while bitcoin only fell 6%. Metaplanet’s stock on the Tokyo Stock Exchange has risen nearly 0.9% since the market opened.
Source: www.coindesk.com

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