Japanese investment company Metaplanet made the second largest single purchase of bitcoin in its history, acquiring over 1,000 coins as the cryptocurrency approached its historical maximum by just 3%.
On May 19, Metaplanet announced the acquisition of 1,004 bitcoins worth approximately 15.2 billion yen ($104.6 million), resulting in a total reserve of 7,800 bitcoins, which is about $807 million at current market prices.$BTC
This is the second largest purchase in the company's history after acquiring 1,241 bitcoins for $129 million on May 12, allowing Metaplanet to surpass El Salvador in terms of reserve volume.
According to BiTBO, Metaplanet has the largest bitcoin reserves among public companies in Asia and ranks tenth among public firms worldwide.$BNB
