Metaplanet Inc., a prominent Japanese firm, announced a substantial addition to its Bitcoin portfolio on October 11, 2024, with the purchase of 108.99 BTC, totaling 1 billion yen ($7.59 million). This recent acquisition brings their total Bitcoin holdings to 748.502 BTC, with an overall investment summing up to 6.965 billion yen ($52.8 million), reflecting a consistent and aggressive strategy similar to that of MicroStrategy’s approach in the U.S.

The company’s hefty investments in Bitcoin align with their broader financial strategy, emphasizing significant growth in cryptocurrency assets amid fluctuating market conditions. As of the latest update, Metaplanet’s portfolio, valued at approximately $45.2 million, accounts for a substantial part of their asset base, underscoring their commitment to integrating digital currencies into their corporate treasury.