Metaplanet Buy 780 BTC, Get 17,132 BTC, Dey Aim 210k by 2027
Metaplanet don buy 780 BTC (≈$92.5 million for $118,622 each), dem don increase dia corporate Bitcoin holding reach 17,132 BTC (≈$2 billion) and e dey rank seventh among public companies. Since 2024, the company don invest $1.73 billion for Bitcoin at average cost of $101,030 per coin. This Japan-based investment company dey change how dem dey allocate asset to Bitcoin as inflation hedge and dem aim to hold over 210,000 BTC—1% of total supply—by end of 2027. For Q2, Bitcoin-related revenue jump 42.4% year-on-year to ¥1.1 billion ($7.6 million), showing say Bitcoin be big growth driver. After the purchase, Metaplanet shares go up 5.6% inside one day, dem dey trade at ¥1,247 despite 16.3% drop for the month but 258.3% rise year-to-date. The company also plan to use Bitcoin as collateral to fund acquisitions of profitable digital banks. This continued investment from big institutions for digital assets na sign of long-term confidence for Bitcoin value.
Bullish
Metaplanet new waka grab 780 BTC and dia plan to gather 210,000 BTC by 2027 dey show say institutional demand don increase and e go reduce wetin dey available, wey for past time dey make price go up. Di strong Q2 Bitcoin-related money wey dem make plus di better share price reaction dey show market get confidence. For short time, dis big buy fit set higher price floor. For long time, di planned collateralized loans and steady accumulation mean say buying pressure go continue. Corporate Bitcoin investment trend often dey show before market enter bullish phase, e show say Bitcoin get better future.