Metaplanet, a Japan-based investment firm, has made its largest Bitcoin purchase to date. The firm bought around 620 Bitcoins at a time when Bitcoin was trading below $100,000.

This purchase is the firm’s largest single-use purchase since May, almost four times the 159.7 BTC it bought in October.

Metaplanet is known as “Asia’s MicroStrategy” and with this purchase, its total Bitcoin holdings have reached 1,762 BTC.

The firm reported a BTC return of 310% between October and December. The strategy aims to add value to shareholders.

What do you think about this move by Metaplanet? Share it in the comments.