Metaplanet buys 2,823 more BTC, now holds 43,000 BTC

Japanese listed company Metaplanet announced it has purchased an additional 2,823 BTC, bringing its total holdings to 43,000 BTC. Meanwhile, the company's BTC Income Business generated 1.7473 billion yen (about $10.8 million) in revenue for the second quarter. While this was lower than the 2.9693 billion yen reported in the first quarter, cumulative revenue for the first half of the year reached 4.717 billion yen. The trailing 12-month revenue hit a record high of 11.3964 billion yen since the business began. The BTC Income Business generates operating profit by trading options related to Bitcoin, with revenue figures reflecting option premiums, realized gains and losses, and end-of-term valuation gains and losses.