Metaplanet, a Japanese investment firm, is doubling down on its bullish stance on Bitcoin, announcing plans to purchase an additional ¥1 billion (approximately $6.26 million) worth of the cryptocurrency. The news sent the company's stock price soaring by over 12% today.

This latest move is part of Metaplanet's ongoing Bitcoin accumulation strategy, which has already seen the firm acquire over 141 BTC. The company plans to finance the new purchases by issuing new bonds in the same amount.

Metaplanet is not alone in its enthusiasm for Bitcoin, as a growing number of global companies are reorienting their strategies to include the digital currency. Semler Scientific, a healthcare company listed on the NASDAQ, recently revealed plans to purchase $40 million worth of Bitcoin.

However, MicroStrategy, led by CEO Michael Saylor, remains the undisputed leader in terms of accumulated Bitcoin holdings. The company recently expanded its portfolio by purchasing 11,931 BTC for approximately $786 million, bringing its total holdings to 226,331 BTC.

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