Tokyo-listed hotel company Metaplanet has boosted its Bitcoin holdings, becoming the fifth largest corporate holder of the cryptocurrency. The firm recently purchased 1,234 BTC for $133 million at an average price of roughly $107,877 per coin.

The latest acquisition raised its total Bitcoin stash to 12,345 BTC.

Despite its comparatively more diminutive size, Metaplanet’s continued investment highlights increasing corporate interest in Bitcoin as a reserve asset. It ranks just behind major crypto-focused firms like MARA, Riot, and Galaxy Digital.

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