Japanese firm Metaplanet has acquired 555 Bitcoin price 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 announced 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 firms in Asia, with its whole holdings valued at roughly $537 million at present costs.
The aggressive accumulation technique mirrors Strategy’s not too long ago introduced plans to lift $84 billion for Bitcoin purchases. Technique presently holds 555,450 BTC, although it has been surpassed by BlackRock’s iShares Bitcoin Belief (IBIT), which now controls over 620,000 BTC price $58.5 billion.
Metaplanet’s shares responded positively to the announcement, closing up 11.45% at ¥477 on the Tokyo Inventory Alternate. The corporate has indicated that these purchases can 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 sturdy 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 pattern of company Bitcoin adoption, as firms more and more view Bitcoin as a strategic treasury asset.