💥Breaking News💥
🇯🇵JAPANESE FIRM METAPLANET JUST BOUGHT 1,241 BITCOIN FOR ¥18.4 BILLION.
WHALES ARE LOADING UP!!!🚀
Metaplanet, a Japanese investment firm, purchased 1,241 Bitcoin for ¥18.4 billion (approximately $126.7 million), increasing its total holdings to 6,796 BTC, surpassing El Salvador’s national reserves of 6,714 BTC as of May 12, 2025.
This acquisition reflects a broader trend of institutional Bitcoin adoption, with Metaplanet’s strategy mirroring MicroStrategy’s debt-financed Bitcoin treasury model, which holds 555,450 BTC valued at $57.8 billion, amid Bitcoin trading near $102,119 per coin.
The purchase aligns with a bullish market sentiment, evidenced by $5.13 billion in net inflows to Bitcoin ETFs over the past three weeks, and Metaplanet’s stock rising 3.82% post-announcement, highlighting growing investor confidence in cryptocurrency as a corporate asset.