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The Japanese investment company MetaPlanet has purchased bitcoins worth $124 million.
According to the information provided by MetaPlanet, the total amount of investments in the first cryptocurrency exceeded $609 million, and the number of bitcoins in the portfolio reached 6,796 BTC.
“MetaPlanet has already surpassed El Salvador in terms of the number of bitcoins. From humble beginnings to competing with countries, we are just starting our journey,” said Metaplanet CEO Simon Gerovich (Simon Gerovich).
The return on investments in bitcoins amounted to 95.6% from January 1 to March 31, and in quarterly terms from May 1 to May 12 — 38%. Unrealized profits reached $708.5 million, the company reported.
Earlier, investor and founder of Pomp Investments Anthony Pompliano ( stated that Bitcoin has gained the status of a key tool for enhancing financial resilience among major corporations such as MicroStrategy, MetaPlanet, and Semler Scientific.