A Bitcoin investment company based in Japan has reported an all-time high daily trading volume of ¥50.4 billion (approximately $337 million) following its recent BTC purchase.
This increase has positioned the firm 13th among Japanese businesses for trading activity, surpassing automotive leader Toyota, which holds the highest market capitalization in the country.
The CEO confirmed this significant achievement on the social media platform X, stating that the remarkable trading volume illustrates growing investor confidence.
Consequently, investor sentiment for the firm’s stock remains strong, which has surged over 7% in just one day and more than 41% since the year began. Current data indicates that the stock is trading at ¥5,060 (around $33) as of this report.
Interestingly, this record trading occurred on the same day as the company’s general shareholders meeting, attended by approximately 1,500 participants.
The CEO took the opportunity to reaffirm the firm’s dedication to Bitcoin, declaring:
“MetaPlanet will continue to lead as a Bitcoin pioneer in Japan. The future lies in Bitcoin. We are just beginning.”
Over 1,000 BTC Acquired in March
The significant trading activity coincides with the firm’s increased monthly Bitcoin acquisitions.
Data reveals that the company secured 1,115 BTC through five different transactions this month.
Initially, it purchased 156 BTC on March 3, followed by 497 BTC on March 5. A week later, another 162 BTC were obtained. Additionally, on both March 18 and March 24, it acquired 150 BTC each time, with each purchase costing around $12.6 million.
These acquisitions have raised its overall holdings to 3,350 BTC, valued at approximately $291 million based on current market prices.
This aggressive purchasing strategy underscores the firm’s long-term vision for Bitcoin, aiming to establish itself as a key player in the digital asset landscape.
As a result, the company has attracted global attention for its Bitcoin holdings and noteworthy developments.
One significant event includes the appointment of Eric Trump, son of former US President Donald Trump, to its strategic advisory board. His involvement is anticipated to enhance the firm’s visibility as it aims to extend its influence beyond Japan and into the United States.
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