Japanese investment firm Metaplanet (TYO:3350) acquired 555 Bitcoins at an average price of 13.8 million yen per Bitcoin, totaling 7.7 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.
This brings its total holdings to 5,555 Bitcoins, with a cumulative purchase cost of 71.8 billion yen.
Shares of Metaplanet jumped more than 11% at market close on Wednesday.