On August 20th, the listed Japanese company Metaplanet Inc. announced that its CEO Simon Gerovich had ordered to use company funds to purchase Bitcoin. In this investment action, the company bought Bitcoin worth 500 million yen at an average price of 8,730,117 yen per Bitcoin, which is approximately 57.273 Bitcoins. As of August 20th, Metaplanet holds approximately 360.368 Bitcoins with a total investment of 3.45 billion yen, averaging about 9,573,556 yen per Bitcoin.