According to BlockBeats, on October 25, Japanese publicly traded investment firm Metaplanet announced that it will adopt the 'BTC Yield' as a key performance indicator. This metric was first introduced by the U.S. Nasdaq-listed company MicroStrategy. The company believes that this indicator can help investors better understand its decisions to fund Bitcoin purchases through the issuance of additional common stock or convertible instruments.
The BTC Yield metric calculates the percentage change in the ratio between the total Bitcoin holdings and fully diluted shares. Notably, MicroStrategy introduced the BTC Yield metric in August. Metaplanet stated that it will follow this model and provide regular BTC Yield updates in its future Bitcoin purchases. The reports will be updated quarterly and annually, offering information on its total Bitcoin holdings, issued shares, and fully diluted per-share Bitcoin.
Metaplanet disclosed that from July 1, 2024, to September 30, 2024, the company's BTC Yield was 41.7%. From October 1, 2024, to October 25, 2024, the company's BTC Yield increased to 116.4%.
