Metaplanet has increased its BTC holdings four times this month, ranking 23rd among listed companies in terms of BTC holdings

The Japanese listed company Metaplanet has doubled its Bitcoin holdings this month, making four purchases totaling over 450 Bitcoins. Today, Metaplanet announced another purchase of approximately 107 Bitcoins, worth about $6.7 million. The company's stock price rose by 15.7% today. Recent acquisitions have brought Metaplanet's total BTC holdings to 855.5 coins. Since announcing its Bitcoin investment strategy in early April, Metaplanet's stock price has risen by 480%. Simon Gerovich, CEO of Metaplanet, said that the company's Bitcoin investment strategy was inspired by MicroStrategy and its Executive Chairman Michael Saylor whose company currently holds more than 252,000 Bitcoins valued at $16.45 billion dollars . According to data from Bitcoin Treasuries ,Metaplanet ranks 23rd among publicly traded companies in terms of bitcoin holdings.