Metaplanet bought 1004 Bitcoins, creating the second largest transaction record in history.

Author: Martin Young, CoinTelegraph; Translated by: Bai Shui, Jinse Caijing

Japanese investment firm Metaplanet has completed its second largest single Bitcoin acquisition in history, purchasing over 1,000 Bitcoins, with the Bitcoin price just 3% away from its all-time high.

Metaplanet announced on May 19 that it purchased 1,004 Bitcoins at a total cost of approximately 15.2 billion yen (104.6 million USD), bringing its total holdings to 7,800 Bitcoins, valued at approximately 807 million USD at current market prices.

This is the company’s second-largest single acquisition following the purchase of 1,241 bitcoins for $129 million on May 12, which brought its bitcoin holdings above those of El Salvador.

According to BiTBO’s data, Metaplanet is the largest publicly traded Bitcoin holder in Asia and the tenth largest publicly traded Bitcoin holder in the world.

The company reported a Bitcoin yield of 95.6% for the first quarter and a yield of 47.8% so far for the second quarter. This yield measures the percentage change in Bitcoin holdings per share on a fully diluted basis.

If Metaplanet buys another 301 bitcoins, it will surpass Galaxy Digital Holdings, which holds 8,100 bitcoins, ranking ninth.

Metaplanet Bitcoin purchase disclosure. Source: Metaplanet

In terms of corporate BTC holdings, Michael Saylor’s strategy still holds a clear lead, with 568,840 Bitcoins worth approximately 5.9 billion USD.

In recent months, Metaplanet has been more active in increasing its Bitcoin holdings, having purchased 2,800 Bitcoins so far in May. In April, the company bought 4 Bitcoins, totaling 794; in March, it purchased 6, totaling 1,655.

Saylor hints at buying again

Meanwhile, Michael Saylor posted a screenshot of the Saylor Tracker (which tracks the company’s Bitcoin portfolio) on X on Monday, suggesting that he will buy Bitcoin again.

Saylor stated: “Never short the guy buying orange juice by the barrel.”

According to data from Bitcoin investment firm River, Strategy leads among companies, with a Bitcoin holding increase of 77% so far this year.

On May 12, researchers from River revealed that institutions are the largest net buyers of Bitcoin this year, surpassing exchange-traded funds (ETF), governments, and even retail investors.