Japan’s Metaplanet purchased an additional 555 Bitcoin as part of its aggressive accumulation strategy, bringing its total holdings to 5,555 BTC, valued at over $536 million at current prices.On May 7, the Tokyo-listed firm disclosed that it spent $53.4 million acquiring 555 Bitcoin (BTC) at an average price of $96,134. The company now holds 5,555 BTC, purchased for $481.5 million at an average price of $86,672 per Bitcoin, according to CEO Simon Gerovich.The company also announced the issuance of another $25 million in zero-coupon ordinary bonds to fund its ongoing BTC buys. Since early 2024, the firm has raised over 35 billion yen ($244 million) through zero-coupon bonds and stock acquisition rights via its partner, Evo Fund.The company’s proprietary key performance indicator, BTC Yield, has surged in recent quarters, reaching 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in the current quarter.“In Japanese, the number 5 is pronounced “Go,” so today we’re shouting: Go go go go — to the moon and beyond!” Gerovich said in a post on X.Source: Simon GerovichRelated: Eric Trump joins Metaplanet’s strategic board of advisersMetaplanet announces US subsidiaryOn May 1, Metaplanet announced plans to launch a wholly owned US subsidiary, Metaplanet Treasury, based in Florida. The entity plans to raise up to $250 million to further its Bitcoin strategy and tap US capital markets.Metaplanet is Asia’s largest public corporate holder of Bitcoin and ranks 11th globally, according to BitcoinTreasuries.NET.At the beginning of April, the firm announced its acquisition of 696 BTC for 10.2 billion yen ($67 million). Later that same month, the firm acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855.On April 24, the firm disclosed it bought an additional 145 BTC for $13.4 million, boosting its total holdings to 5,000 BTC.Its shares surged 11% by midday on the Tokyo exchange, according to data from Google Finance.Magazine: Rise of MicroStrategy clones, Asia dominates crypto adoption: Asia Express 2024 review