Metaplanet announced a big BTC purchase today as well.
Stablecoin issuer Tether and Jack Mallers’ new Bitcoin treasury company have acquired more than 4,800 BTC for the venture.
The firm's stash is close to 570,000 BTC now.
The company owns more than 555,000 BTC as of May 10.
Corporate entities are likely to continue accumulating Bitcoin over the coming years, joining the likes of Strategy, according to Bernstein…
This week's announcement was a lot more modest than the previous ones.
Strategy is bridging Bitcoin to Wall Street with 55 million investors now indirectly exposed through MSTR holdings.
The company has spent $67,766 per bitcoin to acquire its fortune.
Strategy's Bitcoin playbook has seen it outperform tech giants like Apple, Google, and Tesla by a wide margin.
The stash is now up to 531,644 BTC.