Metaplanet now holds 6,796 BTC, more than El Salvador’s 6,714 BTC.
The firm used bond sales to fund its purchases, including a recent $21.25M issuance.
Metaplanet is now the largest publicly listed Bitcoin holder in Asia.
Japanese investment firm Metaplanet has surpassed El Salvador in total Bitcoin holdings. The Tokyo-listed company disclosed a fresh $126.7 million Bitcoin purchase on Monday, May 12.
Metaplanet’s Bitcoin holdings now at 6,796 BTC, makes it Asia’s largest public-listed corporate BTC holder.
Metaplanet’s Latest Major Bitcoin Purchase
Today, May 12, Metaplanet announced the acquisition of 1,241 Bitcoin at an average price of $102,119 per coin. Based on current market valuation, the total investment is valued at close to $127 million. This transaction also marks Metaplanet’s highest purchase price per Bitcoin so far.
Related: Metaplanet’s Bitcoin Bet: Tokyo Firm Adds Millions More in BTC to Treasury
The purchase raised its total Bitcoin holdings to 6,796 BTC worth $707 million, bringing the unrealized profit to $99 million from the total purchase price of $608 million. In comparison, El Salvador currently holds 6,174 BTC val…
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