Japanese investment firm Metaplanet purchased $126.7 million worth of Bitcoin, bringing their total holdings to 6,796 BTC.
The recent buy included 1,271 BTC at a price of $102,119 per coin, with a total expenditure of $608.2 million on Bitcoin so far.
Metaplanet measures its progress using BTC Yield, a metric showing a 170.0% year-to-date increase in Bitcoin held per fully diluted share.
Following the purchase, Metaplanet's shares rose by 4.96% in the last 24 hours, currently trading at ¥550.00, showcasing a strong performance in Bitcoin accumulation.