Japanese investment firm Metaplanet has expanded its Bitcoin holdings to 2,100 BTC, now controlling 0.01% of the total supply.
The latest acquisition added 68.59 BTC for $6.6 million at an average price of $96,335 per coin. This purchase aligns with its broader strategy to strengthen its Bitcoin reserves.
The firm also secured $20 million in equity funding within just two days as part of its Bitcoin-focused expansion.
In addition, it announced a 1-for-10 stock split set for April 1, 2025, following a similar move eight months ago.
Metaplanet’s approach mirrors that of another major player known for aggressively increasing its Bitcoin treasury. Investor confidence remains strong, with the company’s shares rising over 1% to JPY 6,260.
Pakistan has found an unexpected use for the electricity it routinely leaves untapped: power thousands of Bitcoin rigs and AI servers.
Bitcoin is under renewed pressure following Friday’s Israeli airstrike on Iran, which has deepened market anxiety and driven investors toward safer assets.
Matt Hougan, CIO at Bitwise Asset Management, believes a powerful shift is underway—one that could reshape how companies manage their capital.
As more corporations embrace Bitcoin as a strategic asset, Mercurity Fintech is entering the arena with an ambitious $800 million fundraising effort aimed at building a long-term BTC reserve.