Japanese agency Metaplanet has acquired 555 Bitcoin value roughly ¥7.6 billion ($53.5 million), bringing its whole holdings to five,555 BTC as the value continues its rally above $97,000. Following the acquisition, Metaplanet introduced plans to concern an extra ¥3.6 billion ($25 million) in zero-coupon bonds to EVO FUND for additional Bitcoin acquisitions.
The corporate now holds the most important Bitcoin treasury amongst public corporations in Asia, with its whole holdings valued at roughly $537 million at present costs.
The aggressive accumulation technique mirrors Technique’s just lately introduced plans to lift $84 billion for Bitcoin purchases. Technique at the moment holds 555,450 BTC, although it has been surpassed by BlackRock’s iShares Bitcoin Belief (IBIT), which now controls over 620,000 BTC value $58.5 billion.
Metaplanet’s shares responded positively to the announcement, closing up 11.45% at ¥477 on the Tokyo Inventory Trade. The corporate has indicated that these purchases could have minimal influence on its consolidated monetary outcomes for fiscal yr 2025.
Bitcoin reacted to the US-China tariff information by climbing above $97,000, buying and selling at $97,018 at press time, up 3.38% over the previous 24 hours. The worth surge comes amid robust institutional demand, with BlackRock’s IBIT recording inflows of 5,613 BTC ($529.5 million) on Monday alone.
The Japanese agency’s newest buy and bond issuance underscore the rising development of company Bitcoin adoption, as corporations more and more view Bitcoin as a strategic treasury asset.