Japanese firm Metaplanet has acquired 555 Bitcoin worth approximately ¥7.6 billion ($53.5 million), bringing its total holdings to 5,555 BTC as the price continues its rally above $97,000. Following the purchase, Metaplanet announced plans to issue an additional ¥3.6 billion ($25 million) in zero-coupon bonds to EVO FUND for further Bitcoin acquisitions.

The company now holds the largest Bitcoin treasury among public companies in Asia, with its total holdings valued at approximately $537 million at current prices.

The aggressive accumulation strategy mirrors Strategy’s recently announced plans to raise $84 billion for Bitcoin purchases. Strategy currently holds 555,450 BTC,…

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