The Japanese Metaplanet company has acquired 555 bitcoins for a value of approximately 7.6 billion ¥ ($ 53.5 million), bringing its total participations to 5,555 BTCs while the price continues its rally greater than $ 97,000. Following the purchase, Metaplanet has announced the intention to issue another 3.6 billion ¥ ($ 25 million) in zero-coupon bonds at Evo Fund for further Bitcoin acquisitions.
The company now holds the largest Bitcoin treasure among public companies in Asia, with its total participations worth about $ 537 million at current prices.
The aggressive accumulation strategy reflects the recently announced plans to collect $ 84 billion for Bitcoin’s purchases. The strategy currently holds 555,450 BTC, although it has been exceeded by Blackrock’s Ishares Bitcoin Trust (Ibit), which now controls over 620,000 BTC for a value of $ 58.5 billion.
The actions of Metaplanet responded positively to the announcement, closing 11.45% to 477 ¥ to the Tokyo Stock Exchange. The company has indicated that these purchases will have a minimum impact on its consolidated financial results for the tax year 2025.
Bitcoin reacted to the US-China tariff news by climbing over $ 97,000, exchanging $ 97,018 at the time of printing, with an increase of 3.38% in the last 24 hours. The price wave arrives between a strong institutional demand, with the Ibit affluent of Blackrock of 5,613 BTC ($ 529.5 million) only on Monday.
The last purchase of purchase and bonds of the Japanese company underlines the growing tendency of the adoption of corporate bitcoin, since companies consider more and more bitcoin as a good of the strategic treasure.