The Bitcoin investment firm Metaplanet, based in Japan, has reported a record-breaking daily trading volume of ¥ 50.4 billion (about $ 337 million) after the latest BTC acquisition.
The increase places the company 13th among Japanese companies in terms of commercial activities, which surpasses auto giant Toyota, which has the highest market capitalization in the country.
Metaplanet CEO Michael Gerovich confirmed The milestone on social media platform X, while he declares that the unprecedented trade volume reflects the increasing trust of investors.
As a result, investor sentiment remains strong for the shares of Metaplanet, which has risen more than 7% in the last day and since the beginning of the year more than 41%. According to Google Finance factsThe share acts at ¥ 5,060 (approximately $ 33) from the moment of press.
In the meantime, the record -breaking activity came on the same day as the general shareholders’ meeting of Metaplanet, which saw around 1500 attendees.
Gerovich used the event to repeat Bitcoin’s dedication of the company, proverb:
“Metaplanet will continue as a Bitcoin pioneer in Japan. The future is Bitcoin. We have just started.”
More than 1,000 BTC acquired in March
The trading activity of Metaplanet comes when the company increases its monthly Bitcoin purchases.
According to Bitcoin Treasuries data, Metaplanet has purchased 1,115 BTC this month through five separate transactions.
On March 3 it picked up 156 BTC, followed by 497 BTC on March 5. A week later it bought 162 BTC. On both March 18 and March 24, Metaplanet added another 150 BTC and spent $ 12.6 million on each of the last purchases.
These acquisitions bring its total interests to 3,350 BTC, with a value of the current prices at around $ 291 million.
The aggressive buy reflects the long-term Bitcoin strategy from Metaplanet, which wants to position itself as an important player in the digital asset space.
However, the company attracts global attention to its BTC companies and recent controversial movements.
A remarkable development is the addition of Eric Trump, son of US President Donald Trump, to her strategic advisory board. His involvement is expected to increase the profile of Metaplanet while scaling its influence over Japan and in the United States.
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