Metaplanet uses BTC yield as a key performance indicator
Metaplanet, a Japanese listed investment company, announced that it will use "BTC yield" as a key performance indicator. This indicator was first introduced by MicroStrategy, a US listed company on the NASDAQ. The company believes that this indicator can supplement investors' understanding of the company's decision to fund the purchase of Bitcoin through the issuance of additional common shares or convertible instruments.
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 was 116.4%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Peanut the Squirrel Token Sparks Controversy After Owner Launches Justice Coin
Will Bitcoin’s Correction Continue or is it a Good Time to Buy?
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.
Trending news
MoreCrypto prices
More
