$BTC for Metaplanet

Japanese investment firm Metaplanet is aggressively continuing its Bitcoin accumulation strategy, adding another 555 BTC to its portfolio. With this move, its total holdings now reach 5,555 Bitcoin, worth over $536 million at current market prices.

According to a May 7 announcement, the Tokyo-listed company spent about $53.4 million to acquire the 555 BTC, at an average purchase price of $96,134 per coin. In total, Metaplanet has invested $481.5 million to purchase the 5,555 BTC, at an average entry price of $86,672, CEO Simon Gerovich confirmed.