Metaplanet, a Japan-based investment advisor, has purchased another 1 billion yen ($6.7 million) worth of bitcoin (BTC). With this purchase, their total BTC holdings have reached 639.5 BTC, and they have spent a total of approximately 6 billion yen.

- BTC was purchased at an average price of 9.3 million yen.

- Metaplanet became the second largest BTC holding company in Asia.

- They use Bitcoin as a reserve asset.

- The company plans to buy more BTC by selling BTC put options.

📈 Metaplanet shares rose 7.9% to 988 yen.

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