Japanese investment firm Metaplanet has purchased its second largest single bitcoin, which exceeds 1,000 bitcoin because Cryptocurrency came within 3% of all its time high.
Metaplanet Said On May 19, it bought 1,004 bitcoin (BTC) For a total cost of a total cost of 15.2 billion yen ($ 104.6 million), currently brings its total holding for 7,800 bitcoins worth about $ 807 million at current market prices.
This is the second largest purchase that the firm has done after this Buy 1,241 BTC On May 12, in a step for $ 129 million which pushed his bitcoin holdings over Al Salvador.
Metaplanet has a public company’s largest bitcoin holding in Asia and is the tenth largest holding among public firms globally, According For Bito data.
The firm reported a BTC yield of 95.6% in the first quarter and 47.8% in the second quarter, which measures the ratio of a perfectly diluted share bitcoin holdings.
If Metaplanet buys another 301 BTC, it will exceed the Galaxy Digital Holdings, which ranks ninth with a holdings of 8,100 bitcoins.
Michael Sirer’s strategy remains a clear leader in terms of corporate BTC holdings with 568,840 bitcoins, priced at around $ 59 billion.
Connected: Metaplanet is increasing another $ 21m through bonds to buy more bitcoin
Metaplanet has been very high aggressive In its accumulation of property in recent months, it was scooped in 2,800 May so far. It made four purchases in April, a total of 794 BTCs, and six in March, a total of 1,655 BTC.
Saylor hints on another purchase
During this time, Michael Siler Has indicated on the purchase of another Monday Entry A screenshot of Saylor tracker, which follows the bitcoin portfolio of the firm on X.
“Never reduces a man who buys orange ink by barrel,” Saylor said.
According to the BTC Investment firm River, the strategy leads a corporate pack with 77% of an increase in bitcoin holdings so far this year.
On May 12, river researchers revealed The corporation and business are the largest net buyers of bitcoin this year, which forwarded exchange-traded funds, governments and even retail investors.
magazine: Arthur Hayes $ 1M bitcoin tip, altcoins ‘powerful rally’ Karghe: Hodler’s Digest
