Close Menu
    What's Hot

    Bitcoin rallies above $101,000 as US state level strategic reserves and mass adoption accelerate

    Three New U.S. State-Level Bitcoin Bills Signed Into Law

    Bitcoin Retakes $100k: Why Is BTC Up Today?

    Facebook X (Twitter) Instagram
    MarketsNews.co.uk
    • Live Chart
    • Brokers
    • Scam Broker
    • Reviews
    • Tools
      • Lot Size Calculator
      • Margin Calculator
      • PIPS Calculator
      • Profit & loss calculator
    Facebook X (Twitter) Instagram
    Start Trading
    Trending Topics:
    • Markets
    • Stocks
    • Cryptocurrency
    • Forex
    • Scam Broker
    MarketsNews.co.uk
    • Markets
    • Stocks
    • Cryptocurrency
    • Forex
    • Scam Broker
    Cryptocurrency

    Metaplanet Buys Additional Bitcoin Worth ¥7.6 Billion, Bitcoin Price Surges Above $97,000

    Anthony M. OrbisonBy Anthony M. OrbisonMay 8, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Japanese firm Metaplanet has acquired 555 Bitcoin worth approximately ¥7.6 billion ($53.5 million), bringing its total holdings to 5,555 BTC as the price continues its rally above $97,000. Following the purchase, Metaplanet announced plans to issue an additional ¥3.6 billion ($25 million) in zero-coupon bonds to EVO FUND for further Bitcoin acquisitions.

    The company now holds the largest Bitcoin treasury among public companies in Asia, with its total holdings valued at approximately $537 million at current prices.

    The aggressive accumulation strategy mirrors Strategy’s recently announced plans to raise $84 billion for Bitcoin purchases. Strategy currently holds 555,450 BTC, though it has been surpassed by BlackRock’s iShares Bitcoin Trust (IBIT), which now controls over 620,000 BTC worth $58.5 billion.

    Metaplanet’s shares responded positively to the announcement, closing up 11.45% at ¥477 on the Tokyo Stock Exchange. The company has indicated that these purchases will have minimal impact on its consolidated financial results for fiscal year 2025.

    Bitcoin reacted to the US-China tariff news by climbing above $97,000, trading at $97,018 at press time, up 3.38% over the past 24 hours. The price surge comes amid strong institutional demand, with BlackRock’s IBIT recording inflows of 5,613 BTC ($529.5 million) on Monday alone.

    The Japanese firm’s latest purchase and bond issuance underscore the growing trend of corporate Bitcoin adoption, as companies increasingly view Bitcoin as a strategic treasury asset.

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleNew Bitcoin Treasury Giant Lets You Trade BTC for Stock Tax-Free
    Next Article New bull cycle? Bitcoin’s return to $100K hints at ‘significant price move’
    Anthony M. Orbison
    • Website

    Related Posts

    Bitcoin rallies above $101,000 as US state level strategic reserves and mass adoption accelerate

    May 8, 2025

    Three New U.S. State-Level Bitcoin Bills Signed Into Law

    May 8, 2025

    Bitcoin Retakes $100k: Why Is BTC Up Today?

    May 8, 2025
    Leave A Reply Cancel Reply

    Amazon.com, Inc.
    $192.08
    $3.37
    1.79%
    Meta Platforms, Inc.
    $598.01
    $1.20
    0.20%
    S&P 500
    $5,663.94
    $32.66
    0.58%
    Alphabet Inc.
    $155.75
    $2.95
    1.93%
    EUR/USD
    $1.12
    $0.0089
    0.79%
    EUR/JPY
    $163.75
    $1.15
    0.71%
    USD/CAD
    $1.39
    $0.008
    0.58%

    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    We're social. Connect with us:

    Facebook X (Twitter)
    • Home
    • About us
    • Contact
    • Disclaimer
    • Privacy Policy
    © 2025 Marketsnews.co.uk

    Type above and press Enter to search. Press Esc to cancel.