Metaplanet, a Tokyo-listed company, has acquired 619.70 BTC for approximately $61 million, increasing its Bitcoin holdings by 54%.
Metaplanet's total BTC holdings now stand at 1,762 BTC, purchased at an average price of 11.85 million yen per Bitcoin.
The company reported a BTC yield of 309.82% between October 1 and December 23, outperforming the previous quarter's yield of 41.7%.
Despite the record purchase, Bitcoin prices fell 1.5% in the past 24 hours due to factors like the Federal Reserve's hawkish tone and reduced trading activity.