#MetaplanetBTCPurchase Metaplanet, the Japanese firm nicknamed "the MicroStrategy of Asia," has intensified its bet on Bitcoin, acquiring 1,088 BTC for $117.3 million, raising its holdings to 8,888 BTC, according to its announcement on June 2. With an average purchase price of $93,354 per BTC, the company has achieved a return of 225% in the last year, driving its stock price up 5,000% since April 2024. Its goal is ambitious: to reach 100,000 BTC by 2026 and 210,000 BTC by 2027, which would make it the second largest corporate holder of Bitcoin, only behind Strategy. To finance this strategy, Metaplanet will issue 555 million shares, raising $5.4 billion. This move responds to the growing financial uncertainty in Japan and the perception of Bitcoin as a scarce and safe asset against the volatility of the yen and sovereign debt. Currently, it is the eighth largest corporate holder of BTC globally, surpassing Galaxy Digital and Block Inc. Its approach has generated a 1,744% increase in its stock value since its first purchase in July 2024.