Tokyo-registered investment company Metaplanet has spent 18.4 billion yen (or $126 million at currency exchange rate) on its latest purchase, adding another 1,241 Bitcoins (BTC) to its finances, according to a disclosure Monday.
The acquisition brings Metaplanet’s total holdings of 6,796 BTC, worth more than $706 million at current market prices. This sends data from the country’s Bitcoin Office Show on top of the 6,174 BTC stash in Bitcoin Stacking Nation El Salvador.
The purchases were made at an average price of just over $102,119 per Bitcoin, marking the company’s most aggressive purchases since it launched its Bitcoin financing operations in April 2024.
The company said that BTC yield, a proprietary performance indicator that measures Bitcoin accumulation, has reached 95.6% in the first quarter of 2025 and has been used to assess the valuation of stock value through BTC Yen Geows through BTC Yen Gain and BTC Yen Gain, has reached 38% to date and 309.8% in 2024.
Metaplanet aims to hit 10,000 BTC by the end of 2025, and its financial strategy increasingly reflects the high cumulative accumulation playbook pioneered by Michael Saylor’s Strategy (MSTR), which owns over 555,000 BTC worldwide.
Metaplanet is Asia’s largest publicly traded Bitcoin holder and ranked 11th in the world as of Monday.