Metaplanet Don Boost Bitcoin Treasury to 15,555 BTC for $239M Buy
Metaplanet wey dey listed for Tokyo don increase dia Bitcoin treasury by dey buy 2,205 BTC at average price of $108,237 per coin, dem spend $238.7 million bring their total holdings to 15,555 BTC (approx. $1.69 billion). Dis transaction make Metaplanet become di world fifth-largest corporate Bitcoin holder, pass Tesla, CleanSpark, and Galaxy Digital, but e dey behind Marathon Digital, Riot Platforms, and MicroStrategy. Since dem change dia name for 2024 from hotel and tech company to one wey dey focus on Bitcoin treasury, di company get plan to gather 210,000 BTC (about 1% of supply) by late 2027. For Q2 2025, Metaplanet report say dem make 1.1 billion yen ($7.6 million) revenue - dat one na 42.4% increase year-on-year - and their stock don jump 13.9% this past month plus 416.6% year-to-date. Dis action show say corporate demand for Bitcoin treasury diversification dey grow as institution dem dey adopt am more.
Bullish
Metaplanet big BTC buy show say dem get strong corporate believe for Bitcoin and e reduce how much dey get for market. As dem increase their Bitcoin treasury pass 15,500 BTC and come publicly promise to grow am reach 210,000 BTC by 2027, e fit make more big companies start to dey interested. For short time, dis buy fit make people happy and dey buy more, but for long time, steady corporate gathering support Bitcoin story as treasury asset, wey dey help price hold steady and fit go up.