According to ChainCatcher, Simon Gerovich, CEO of Metaplanet, a Japanese listed company, said that the company had purchased an additional 500 million yen ($3.38 million) worth of Bitcoin (BTC) on August 13.

Earlier, Metaplanet announced on August 8 that it had obtained a 1 billion yen loan (0.1% APR), which would be used to purchase additional BTC.