Japanese bitcoin treasury firm Metaplanet has strengthened its crypto position by acquiring an additional 136 BTC, valued at roughly $15.2 million. The company continues to show confidence in bitcoin as a long-term investment.

CEO Simon Gerovich announced on X that the purchase was made at an average price of $111,666 per bitcoin. With this move, Metaplanet’s total holdings have now reached 20,136 BTC, accumulated for approximately $2.08 billion at an average cost of $103,196 per coin.

Data from BitcoinTreasuries shows Metaplanet now ranks sixth globally among publicly traded companies with the largest bitcoin reserves. It sits behind Strategy, Mara, XXI, Bitcoin Standard Treasury Company, and Bullish. Michael Saylor’s Strategy remains at the top, holding 636,505 BTC.