Japanese investment firm Metaplanet has acquired an additional 108 BTC in its efforts to become the top Bitcoin holder in Asia, aiming to surpass Meitu.
Metaplanet now holds over 700 BTC after the recent purchase, bringing its total holdings to 748.502 BTC.
Metaplanet has revealed an average purchase price of ¥9.3 million per BTC, currently facing a slight loss on each Bitcoin.
The acquisition has influenced Metaplanet's stock performance, with a rise of around 500% year-to-date.