Metaplanet’s latest Bitcoin purchase makes it the second-largest corporate Bitcoin holder in Asia behind Boyaa Interactive International, which holds 1,100 BTC.
Japanese investment firm Metaplanet has achieved a new milestone with its latest Bitcoin purchase, as its holdings surpassed 1,000 BTC, worth about $68 million.
On Oct. 28, Metaplanet said it acquired another 156.78 Bitcoin (BTC). This raised its total Bitcoin holdings to 1,018.17 BTC. The company’s latest investment puts its average purchase price at about $61,629 or 9.4 million Japanese yen per Bitcoin.
Simon Gerovich, the CEO of Metaplanet, celebrated the company’s latest Bitcoin milestone on X. Gerovich wrote: