Japanese investment firm Metaplanet has made its largest Bitcoin purchase to date, acquiring almost 620 BTC as the cryptocurrency trades below $100,000. The Tokyo-based firm, known for its growing Bitcoin holdings,

Metaplanet, based in Japan, buys 619.7 BTC for $60M, increasing its holdings to 1,762 BTC and establishing itself.

Tokyo-based investment firm Metaplanet Inc. announced on Monday it has purchased an additional 619.7 Bitcoin, spending approximately $58.9 million at current market rates.

Japanese investment firm Metaplanet made its largest Bitcoin purchase of 619.7 BTC worth $60 million, bringing its total holdings to 1,762 BTC valued at $168 million

Japanese investment firm Metaplanet has made its largest-ever single Bitcoin purchase, scooping up nearly 620 Bitcoin as the cryptocurrency trades below $100,000. On Dec. 23, Metaplanet announced that it had scooped up 619.

Tokyo-based Metaplanet Inc. purchased additional BTC, continuing Bitcoin Treasury Operations. The company made its largest-ever single Bitcoin purchase, acquiring 619.70 Bitcoins at an average price of 15,330,073 yen a piece and paid a total of 9.5 billion yen.

Japan’s Metaplanet announced the purchase of an additional 619.70 BTC on Monday, capitalising on the Bitcoin dip to the $95,000 level. The total estimated cost of the deal was around $60 million (around £47 million).

Tokyo's Metaplanet posts its first profit in seven years, fueled by Bitcoin holdings, put options, and a new Bitcoin-focused strategy.