KEY FACTS: Metaplanet, a Tokyo-based investment firm, has solidified its position as Asia’s largest corporate Bitcoin holder by acquiring 1,004 BTC for $104 million, its second-largest purchase to date, bringing its total holdings to 7,800 BTC valued at over $800 million. This move is part of the company’s aggressive strategy to amass 10,000 BTC by year-end, funded through bond issuances, equity sales, and a new U.S. subsidiary, Metaplanet Treasury Corp. The firm’s stock has surged 1,700% since mid-2024, reflecting investor confidence in its Bitcoin-centric approach, despite risks from market volatility.