The Japanese investment company Metaplanet announced the acquisition of another 2205 bitcoins for $ 238.7 million, increasing the total volume of its cryptocurrency reserves to 15 555 BTC.

According to Simon Gerovich, CEO of Simon Gerovich, the deal was made at an average cost of $ 108, 237 per 1 BTC.

Currently, Metaplanet takes fifth place among the largest public holders of bitcoin. The leader remains the American Strategy, on the accounts of which is 597 325 BTC.

According to the report provided, the revenue of Metaplanet, according to the results of the second quarter, reached $ 7.6 million, which is 42.4% more compared to the same period last year. Gerovitz called such an increase in the next confirmation of the effectiveness of the company’s strategy based on the adoption of bitcoin as a standard.

Earlier, Metaplanet announced the purchase of 1234 bitcoins and an increase in its reserves to 12,345 VTS, which allowed it to surpass the American company Tesla, which is one of the largest public holders of the first cryptocurrency.