Author: Martin Young, CoinTelegraph; Translator: Bai Shui, Golden Finance
Japanese investment company Metaplanet completed its second largest single Bitcoin acquisition in history, purchasing over 1,000 Bitcoins, with the Bitcoin price only 3% away from its all-time high.
On May 19, Metaplanet stated 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 approximately $807 million at current market prices.
This is the company's second largest single acquisition following their purchase of 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 Bitcoin yield of 95.6% for the first quarter and a yield of 47.8% for the second quarter to date. This yield measures the change in percentage of Bitcoin holdings per share fully diluted.
If Metaplanet buys 301 more 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 still holds a clear lead, holding 568,840 Bitcoins valued at approximately $5.9 billion.
In recent months, Metaplanet has been more aggressive in accumulating Bitcoin, buying 2,800 Bitcoins so far in May. In April, the company purchased 4 Bitcoins, bringing the total to 794; in March, it bought 6, bringing the total to 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, suggesting that he would buy Bitcoin again.
Saylor stated: "Never short someone who buys orange ink by the barrel."
According to data from Bitcoin investment company 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 year-to-date, surpassing exchange-traded funds (ETFs), governments, and even retail investors.
