Metaplanet buys 8,888 BTC, becomes 9th largest Bitcoin holder worldwide

Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia.

The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post.

The latest acquisition pushed Metaplent’s total holdings to over 8,888 BTC, making it the world’s ninth-largest corporate Bitcoin holder, surpassing Galaxy Digital Holdings’ 8,100 BTC,