The Japanese investment firm announced that it has acquired another 156,78 bitcoins, bringing its cryptocurrency balance to 1018,17 BTC. This makes Metaplanet the second-largest corporate holder of bitcoins in Asia, behind investment holding Boyaa Interactive International, which holds 1100 BTC.
Metaplanet now holds more than 1000 BTC, making it one of the largest corporate holders of bitcoin in Asia, the investment firm's CEO Simon Gerovich wrote.
Interestingly, when one of the crypto community members asked him if the company would continue to buy BTC, the head of Metaplanet replied “always.”
Ranked second among corporate Bitcoin holders in Asia, Metaplanet is ranked 19th globally, according to Bitcoin Treasures.
The Largest Corporate Bitcoin Holders Around the World
Investment decision in Bitcoin Metaplanet's management adopted the reserve asset in May 2024. According to the company, this was "a direct response to ongoing economic pressures in Japan."
Already after the first purchase of bitcoins, the company's shares began to grow. According to Google Finance, Metaplanet securities increased in price by 2024% in 505,26.
