Author: Martin Young, CoinTelegraph; Translated by: Bai Shui, Golden Finance
Japanese investment company Metaplanet completed its second-largest single Bitcoin acquisition in history, buying over 1,000 Bitcoins, with the Bitcoin price just 3% shy of its all-time high.
Metaplanet announced on May 19 that it purchased 1,004 Bitcoins at a total cost of approximately 15.2 billion yen ($104.6 million), bringing its total holdings to 7,800 Bitcoins, valued at about $807 million at current market prices.
This is the company's second-largest single acquisition after purchasing 1,241 Bitcoins for $129 million on May 12, which brought its Bitcoin holdings above El Salvador.
According to data from BiTBO, Metaplanet is the largest listed company Bitcoin holder in Asia and the tenth largest listed company Bitcoin holder globally.
The company reported a first-quarter Bitcoin yield of 95.6%, and the yield for the second quarter to date is 47.8%. This yield measures the percentage change in Bitcoin holdings per fully diluted share.
If Metaplanet buys another 301 Bitcoins, it will surpass Galaxy Digital Holdings, which holds 8,100 Bitcoins, ranking ninth.
Metaplanet Bitcoin purchase disclosure. Source: Metaplanet
In terms of corporate BTC holdings, Michael Saylor's strategy remains significantly ahead, holding 568,840 Bitcoins valued at approximately $59 billion.
In recent months, Metaplanet has been more aggressive in accumulating Bitcoin, having purchased 2,800 Bitcoins so far in May. In April, the company bought 4 Bitcoins, totaling 794; in March, it bought 6, totaling 1,655.
Saylor hinted at buying again.
Meanwhile, Michael Saylor posted a screenshot of the Saylor Tracker (which tracks the company's Bitcoin portfolio) on X on Monday, hinting at another Bitcoin purchase.
Saylor stated: 'Never short the person buying orange ink by the barrel.'
According to data from Bitcoin investment firm River, Strategy leads enterprises, with a 77% increase in Bitcoin holdings year-to-date.
On May 12, River's researchers revealed that enterprises are the largest net buyers of Bitcoin this year, surpassing exchange-traded funds (ETFs), governments, and even retail investors.
