$BTC
Metaplanet Adds 1,088 Bitcoin for $117M, Boosts Holdings to 8,888 BTC
Tokyo-listed Metaplanet, often called “Asia’s MicroStrategy,” has purchased an additional 1,088 Bitcoin for $117.5 million, at an average price of $108,400 per BTC. The company now holds 8,888 BTC—valued at around $930 million—moving closer to its year-end goal of 10,000 BTC.
The move underscores growing institutional confidence in Bitcoin, even at prices above $100,000. The cryptocurrency recently hit a record high of nearly $112,000 before pulling back to around $104,000, according to CoinGecko.
Metaplanet adopted its Bitcoin treasury policy in April 2024 and has quickly become Asia’s largest corporate holder of BTC, ranking among the top ten globally. Its latest purchase was fueled by a $50 million issuance of zero-interest bonds, helping it expand its holdings without equity dilution.
The company has embraced Bitcoin amid economic uncertainty and volatility in Japan’s bond markets. In March, Metaplanet added Eric Trump to its Strategic Advisory Board, citing his business acumen and pro-Bitcoin stance.
Meanwhile, the Trump administration is pushing its own crypto agenda, establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile of seized cryptocurrencies for national use
or liquidation
#MyCOSTrade #Binance #BitEagleNews #TrumpMediaBitcoinTreasury #bitcoin
$XRP $SOL
Metaplanet Adds 1,088 Bitcoin for $117M, Boosts Holdings to 8,888 BTC
Tokyo-listed Metaplanet, often called “Asia’s MicroStrategy,” has purchased an additional 1,088 Bitcoin for $117.5 million, at an average price of $108,400 per BTC. The company now holds 8,888 BTC—valued at around $930 million—moving closer to its year-end goal of 10,000 BTC.
The move underscores growing institutional confidence in Bitcoin, even at prices above $100,000. The cryptocurrency recently hit a record high of nearly $112,000 before pulling back to around $104,000, according to CoinGecko.
Metaplanet adopted its Bitcoin treasury policy in April 2024 and has quickly become Asia’s largest corporate holder of BTC, ranking among the top ten globally. Its latest purchase was fueled by a $50 million issuance of zero-interest bonds, helping it expand its holdings without equity dilution.
The company has embraced Bitcoin amid economic uncertainty and volatility in Japan’s bond markets. In March, Metaplanet added Eric Trump to its Strategic Advisory Board, citing his business acumen and pro-Bitcoin stance.
Meanwhile, the Trump administration is pushing its own crypto agenda, establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile of seized cryptocurrencies for national use
or liquidation
#MyCOSTrade #Binance #BitEagleNews #TrumpMediaBitcoinTreasury #bitcoin
$XRP $SOL
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