Metaplanet Scoops Another $43 Million in Bitcoin Amid Crypto Market Slump

by shayaan

The Japanese investment firm Metaplanet Inc. has doubled on his aggressive Bitcoin Accumulation strategy during the decline of the crypto market.

The company based in Tokyo announced The acquisition of 497 BTC for $ 43.9 million, in accordance with the aim of the company to acquire 10,000 BTC by 2025 by 2025 by 2026.

The purchase of Metaplanet, made at an average price of $ 88,448 per coin, brings its total Bitcoin holdings to 2,888 BTC, with a value of around $ 240 million at the current prices.

The shares of the company rose by more than 20% to $ 27.08 (¥ 4,045.00), after the announcement of his Bitcoin acquisition, according to Yahoo Finance.

The newest purchase of Metaplanet comes as Bitcoin was confronted with price volatility, which dropped to $ 83,000 earlier this week after US President Trump had confirmed the rates on Canada, Mexico and China.

CEO of Metaplanet Simon Gerovich announced The BTC yield performance of the company for 2025 increased to 45.1%, well above the goal of 35% yield per quarter.

BTC yield refers to the percentage change in the ratio of the total Bitcoin interests to fully diluted outstanding shares.

The company’s drive to acquire Bitcoin for its interests reflects that of Michael Saylor’s strategy, with Metaplanet now has more than 0.01% of the total range of Bitcoin – Top 15 largest business Bitcoin holders Worldwide.

The company has adopted new financing methods because it has announced a fundraising initiative of $ 745 million in zero-discount moving strike Warrants in “Asia’s greatest raise” ever.

See also  Pepe Unchained, Crypto All-Stars, Injective Protocol, Fartcoin

Rates Cool Crypto Reserve Hype

President Trump’s proposal for a strategic crypto reserve led to a short rally in Bitcoin and other cryptos, but the new rates for important trading partners quickly drained that hype.

Although these rates have fueled the global market points, Bitcoin saw a small recovery on Wednesday morning and climbed 7.2% at night to act on slightly less than $ 90,000, according to Coentecko.

“Looking ahead, if the tariff reductions of the Federal Reserve are substantial enough, there is still hope for a considerable market opportunity this year” Decrypt. “Medium to long-term investors can consider buying the dip, but they must closely follow the most important support levels and changes in macro-economic policy.”

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