Metaplanet, also known as "Asia's MicroStrategy," has acquired 160 BTC for $13.3 million, increasing its total holdings to 4,206 bitcoins.
With $356.2 million worth of BTC, Metaplanet has become Asia's largest and the 9th-largest corporate holder of Bitcoin.
Metaplanet aims to expand its Bitcoin holdings to 10,000 bitcoins by 2025 and plans to promote Bitcoin adoption in Japan and worldwide.
With this latest purchase, Metaplanet has entered the top 10 publicly traded corporate holders of Bitcoin, currently ranking 9th and being the largest in Asia.