Metaplanet tops $400M Bitcoin holdings with new $28M purchase

Metaplanet is now the world’s 10th-largest corporate Bitcoin holder and wants to acquire 21,000 BTC by 2026.

Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase.

Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of Metaplanet.

The firm’s Bitcoin yield surpassed 119% year-to-date after its latest investment.

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