MicroStrategy Buys 2,805 BTC; Metaplanet Raises Holdings to 25,555 BTC; CryptoQuant Demand Surges
MicroStrategy has significantly expanded its Bitcoin treasury, purchasing a total of 2,805 BTC in multiple tranches—1,955 BTC at an average price of $111,196 and 850 BTC at $117,344—bringing its total holdings to 639,835 BTC (cost basis $47.33 billion). The firm funded the latest buy via STRF and MSTR share sales. Japan-based Metaplanet also boosted its stake, adding 5,555 BTC cumulatively—including 136 BTC and a later tranche of 5,419 BTC at $116,724—lifting its treasury to 25,555 BTC and ranking it among the top five public holders. CryptoQuant’s 30-day Bitcoin Apparent Demand indicator climbed to a net 95,800 BTC, underscoring robust institutional demand. Bitcoin trades around $113,000, down 1% over the past week yet stable for the month, as large-scale acquisitions support market liquidity.
Bullish
The sizable Bitcoin purchases by MicroStrategy and Metaplanet reflect continued institutional demand, which typically exerts upward pressure on price. Large-scale buying absorbs available supply, supporting price levels near $113,000. In the short term, elevated demand indicators like CryptoQuant’s Apparent Demand may stabilize volatility and prevent steep declines despite futures market headwinds. Over the long term, these strategic accumulations by established firms reinforce market confidence and liquidity, contributing to sustained bullish momentum in BTC.