Asian firms ramp up Bitcoin buys: Metaplanet, HK Asia lead charge

Metaplanet has reached 50% of its goal to accumulate 10,000 BTC by the end of 2025 following its latest purchase.

Asian investment firms are stepping up their Bitcoin accumulation strategies, with Japan’s Metaplanet and Hong Kong’s HK Asia Holdings leading the way.

Tokyo-based Metaplanet disclosed on April 24 that it acquired an additional 145 Bitcoin (BTC) for 1.9 billion Japanese yen (around $13.4 million), boosting its total holdings to 5,000 BTC.

Metaplanet CEO Simon Gerovich confirmed the company had reached 50% of its initial goal of amassing 10,000 BTC by the end of 2025.

Read more