Metaplanet buys 497 BTC, surpasses Boyaa Interactive as Asia’s top corporate holder

Japan Metplanet has become the largest Bitcoin holder in Asia after its last purchase.

According to the CEO of the company, Simon Gerovich, Metaplanet seized 497 additional BTC at around $ 88,448 per room, investing nearly $ 44 million in the process on March 5. This last purchase increases its total hiding place to 2,888 BTC, worth more than $ 251 million, with a Bitcoin with around $ 87,19 at the time of the press.

The Japanese company bought the DIP while Bitcoin fell by more than 8% on March 4, because concerns about a potential trade war and new prices in the United States continued to shake up the markets.

Metaplanet dethroned the Chinese game company Boyaa International Internationalwhich currently contains 2410 BTC, as the largest Bitcoin de Asian Bitcoin hoard, according to data Bitbo. It is also the 12th largest business bitcoin holder in the world.

Investors clearly love the move – Metaplanet’s action climbed 20.93% on the Tokyo Stock Exchange, reaching 4,045 yen at 3:16 p.m. on March 5. Despite volatility last week while Bitcoin collapses, Metaplanet is one of the best performance, gains of more than 1.700% in an annual period.

This marks the company whose company is suitable for Tokyo Second BTC Buy For the week. As indicated previously on March 3, Metaplanet won 156 BTC at an average price of $ 85,483 per room, spending about $ 13.34 million.

Since the start of the year, the company has acquired a total of 794.5 BTC, which complies with its aggressive accumulation strategy inspired by Strategy led by Michael Saylorwhich currently holds the title of the biggest Bitcoin holder in the world.

With its latest purchases, Metaplanet Bitcoin performance is now 45%, according to Gerovich. He hoped to store 21,000 BTC by 2026.

To fuel its Bitcoin acquisition madness, the company has actively launched capital through bond emissions, more recently selling YEN 4 billion (approximately $ 26.4 million) in zero coupon bonds in February, followed by 2 billion additional yen (approximately 13.2 million dollars) Obligination issue On February 27, as part of its 7th series of ordinary obligations, which matured in August 2025.