You have not selected any currencies to display
HomeBitcoinMetaplanet Buys Additional Bitcoin Worth ¥7.6 Billion, Bitcoin Price Surges Above $97,000

Metaplanet Buys Additional Bitcoin Worth ¥7.6 Billion, Bitcoin Price Surges Above $97,000

-


Japanese firm Metaplanet has acquired 555 Bitcoin worth approximately ¥7.6 billion ($53.5 million), bringing its total holdings to 5,555 BTC as the price continues its rally above $97,000. Following the purchase, Metaplanet announced plans to issue an additional ¥3.6 billion ($25 million) in zero-coupon bonds to EVO FUND for further Bitcoin acquisitions.

The company now holds the largest Bitcoin treasury among public companies in Asia, with its total holdings valued at approximately $537 million at current prices.

The aggressive accumulation strategy mirrors Strategy’s recently announced plans to raise $84 billion for Bitcoin purchases. Strategy currently holds 555,450 BTC, though it has been surpassed by BlackRock’s iShares Bitcoin Trust (IBIT), which now controls over 620,000 BTC worth $58.5 billion.

Metaplanet’s shares responded positively to the announcement, closing up 11.45% at ¥477 on the Tokyo Stock Exchange. The company has indicated that these purchases will have minimal impact on its consolidated financial results for fiscal year 2025.

Bitcoin reacted to the US-China tariff news by climbing above $97,000, trading at $97,018 at press time, up 3.38% over the past 24 hours. The price surge comes amid strong institutional demand, with BlackRock’s IBIT recording inflows of 5,613 BTC ($529.5 million) on Monday alone.

The Japanese firm’s latest purchase and bond issuance underscore the growing trend of corporate Bitcoin adoption, as companies increasingly view Bitcoin as a strategic treasury asset.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Novel Merk Bitcoin, U.S. Dollar, & Other – Currency Lapel Pin, Hat Pin & Tie Tack Set – with Clutch Back

Price: (as of - Details) The Humble Bitcoin It's not just something you think about when crypto blockchain technology moons. You're...

CVE-2025-30147 – The curious case of subgroup check on Besu

Thanks to Marius Van Der Wijden for creating the test case and statetest, and for helping the Besu team confirm the issue. Also, kudos...

Ethereum Launches Pectra, Marking its Largest Upgrade to Date

Ethereum has completed the first phase of a major software upgrade called Pectra, marking a significant change to how the network handles accounts, staking,...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular