Tokyo-based firm Metaplanet has overtaken El Salvador with 6,796 BTC, now worth over $707M after a fresh $126.7M purchase at an average price of $102,119.
CEO Simon Gerovich says the company has spent $608M total, with an average entry of $89,492 per BTC, and aims to hit 10,000 BTC by year-end.
“We started small. Now we're competing with nations. This is just the beginning,” Gerovich said.
Metaplanet now holds the largest BTC treasury among all public companies in Asia.
Bullish or risky move?
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