Strategy (MSTR) bought 430 BTC worth $51.4M last week, raising its holdings to 629,376 BTC as Bitcoin swung between $124K and $115K.
Japan’s Metaplanet added 775 BTC for ~$93M, lifting reserves to 18,888 BTC as corporate treasuries expand globally.
News - Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, continued adding to its balance sheet despite volatile price action. The firm acquired 430 BTC at an average price of $119,666, spending $51.4M. This brings its total stash to 629,376 BTC, bought for $46.15B at an average cost of $73,320 per coin. At current market prices near $115,000, the holdings are valued around $72B.
Alongside the purchase, Strategy updated its at-the-market (ATM) equity guidance. It may now issue stock even when trading below 2.5x net asset value, a shift aimed at maintaining flexibility. Saylor, commenting on Bitcoin’s wild swings, from record highs above $124K to $115K within days, described volatility as “a gift to the faithful.”
Japan’s Bitcoin treasury surge - Meanwhile, Tokyo-listed Metaplanet boosted its corporate reserves with a 775 BTC buy for roughly $93M at ~$120K per coin. That raises its holdings to 18,888 BTC, worth about $1.95B. The firm’s average cost basis now stands near $102K, with its Bitcoin stack outweighing liabilities almost 18-fold. Shares of Metaplanet rose 4% on the announcement, reflecting investor confidence in its balance-sheet strategy.
Why it matters - Together, Strategy and Metaplanet exemplify how corporate treasuries are deepening their commitment to Bitcoin despite short-term volatility. Analysts suggest such steady buying can tighten liquidity, fueling price swings but reinforcing Bitcoin’s role as a long-term store of value. Other Japanese firms, like Remixpoint, have also added BTC recently, underscoring how Asia is joining the U.S. in driving corporate adoption.$BTC
