Metaplanet buys 555 additional Bitcoins, bringing total holdings to 5,555

Metaplanet, known as "Asian Strategy," has announced that it has purchased an additional 555 Bitcoins (BTC).
According to TheBlock on the 7th (local time), Metaplanet released a report on the same day stating that it had purchased 555 bitcoins at an average purchase price of approximately $96,134 each, for a total of $53.4 million.
With this purchase, the company's total holdings will reach a symbolic figure of 5,555 BTC, bringing its asset value to approximately $481.5 million.
CEO Simon Gerovich said through X, "The number 5 is pronounced 'Go' in Japanese," and "Today, we are promoting the concept of 'Go Go Go'."
Go Go - Shout to the Moon and Beyond," he said. The company has been steadily accumulating Bitcoin since it fully launched its cryptocurrency strategy in April 2024. It plans to have a total of 1
Meta Planet is aiming to hold 10 million BTC, having achieved half of that goal last month.
The company has issued additional general corporate bonds of 1,000,000 yen ($1,000) on Tuesday. This marks the company’s 13th bond offering, following its 12th offering last week, and continues to pursue a strategy of funding its BTC purchases through bonds.
As bitcoin investment expands, the company is also making inroads into the U.S. market. Last week, Metaplanet announced through its board of directors that it would open a wholly owned subsidiary, Metaplanet Treasury, in MyARMY, Florida, U.S.
The company announced that it had resolved to establish a new company, Metaplanet Treasury Corp.