Japanese investment firm Metaplanet recently made its second largest Bitcoin purchase, acquiring more than 1,000 Bitcoins as the cryptocurrency approached 3% of its all-time high.
On May 19, Metaplanet announced the acquisition of 1,004 Bitcoins worth approximately 15.2 billion yen ($104.6 million), increasing its total holding to 7,800 Bitcoins, valued at about $807 million at current prices.
This purchase follows an earlier one on May 12, in which the company bought 1,241 Bitcoins for $129 million, surpassing El Salvador's holdings.
Metaplanet holds the largest Bitcoin holdings of any public company in Asia and ranks 10th globally among public firms, according to BiTBO data.