$BTC Metaplanet has acquired an additional 330 Bitcoin as part of its ongoing treasury strategy, spending approximately $28.2m to expand its crypto reserves.

The Tokyo-listed firm confirmed the purchase in a disclosure on Monday, citing an average price of around $85,561 per coin.

This move pushes Metaplanet’s total holdings to 4,855 Bitcoin, up from 4,525 just a week earlier. Since the start of the year, the company has more than doubled its Bitcoin position, making it one of the most aggressive corporate accumulators of the asset in Asia.

The company said the purchase aligns with its broader Bitcoin Treasury Operations, a business unit it officially launched in Dec. 2024. The strategy mirrors that of MicroStrategy in the US, aiming to convert fiat reserves into digital assets the company views as a long-term store of value.