Metaplanet & Smarter Web Don Add $100M for Bitcoin Treasury
Di Tokyo wey dey list am, Metaplanet and di London based The Smarter Web Company don buy total 813 BTC, dem spend almost $100 million to grow dia Bitcoin treasury. Metaplanet buy 518 BTC for $61.4 million, average price $118,519 per coin, dem carry dia holding go 18,113 BTC (≈$2.15 billion) and secure di sixth largest corporate Bitcoin treasury. Smarter Web buy 295 BTC for £26.3 million ($35.2 million) at $119,412 each coin, dem total carry go 2,395 BTC (≈$285 million), dem rank 23rd. Both buys dem fund am with equity raise plus Bitcoin-denominated bond offerings. Dis kain moves push total corporate Bitcoin holding pass 791,662 BTC (about 4% of di circulating supply), e show strong demand from institutions. Analysts dey warn say concentrated big BTC allocation fit centralize risk and fit trigger regulatory watch. Traders suppose dey watch institutional flows for short-term price support and long-term market effect.
Bullish
Dis acquisition dey show strong demand from big companies as two public companies put close to $100M into Bitcoin treasuries, wey dey reduce supply wey dey available and show say companies get confidence for Bitcoin. Short-term, the big buy orders fit help hold price down. Long-term, as company dem dey hold more Bitcoin, e fit keep demand and market steady, even if regulators dey look sharp. Traders go likely see dis as good sign, since when big companies gather plenty money put one place, e dey usually come before price rise.