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Japanese investment firm Metaplanet has added another 555 bitcoin worth $53.4 million to its growing digital asset portfolio signaling strong belief in the future of crypto. This purchase brings its total holdings to 5,555 BTC valued at $481.5 million making it Asia’s largest public bitcoin holder and the 11th biggest globally.
CEO Simon Gerovich celebrated the milestone on X by referencing the Japanese pronunciation of five as “Go” saying Go go go go — to the moon and beyond. The company has been building its bitcoin reserves since April 2024 aiming for 10,000 BTC by the end of 2025. It also issued a new $25 million bond series its 13th round to fund future bitcoin buys.
Metaplanet is also expanding into the US with plans to open Metaplanet Treasury Corp in Miami. The city is seen as a rising hub for bitcoin and financial innovation. Company stock surged over 13% on Wednesday as investor confidence grew stronger.
