- Metaplanet buys 555 BTC worth $53.7M at $96,768
- Total holdings now at 5,555 BTC valued over $536M
- Average purchase price stands at $90,431
Metaplanet Strengthens Its Bitcoin Position
Japanese investment firm Metaplanet has made another bold move into Bitcoin , purchasing 555 BTC worth $53.7 million at an average price of $96,768. This latest acquisition brings its total Bitcoin holdings to 5,555 BTC, valued at over $536 million.
The company has steadily increased its Bitcoin position in recent months, reflecting a growing trend among corporations treating Bitcoin as a strategic treasury reserve asset. With this purchase, Metaplanet’s average buying price is now $90,431, showing that it remains comfortably in profit—even with Bitcoin’s price volatility.
Institutional Confidence in Bitcoin Grows
Metaplanet’s continued accumulation mirrors the growing confidence among institutional investors in Bitcoin’s long-term value. As inflation concerns, currency devaluation, and global economic uncertainty persist, Bitcoin is increasingly seen as a hedge and a high-potential store of value.
This aggressive accumulation also places Metaplanet among the top publicly known corporate holders of Bitcoin, joining the ranks of MicroStrategy and Tesla in making Bitcoin a core part of its balance sheet.
What This Means for the Market
Large corporate purchases like this are often seen as bullish signals. They indicate confidence in Bitcoin’s future and reduce circulating supply, potentially influencing price action. With 5,555 BTC now under its belt, Metaplanet’s moves are likely to attract attention from both retail and institutional players looking to understand where the smart money is going.
The company’s strategic bet shows that Bitcoin adoption is not just a Western trend—Asian firms are also stepping in with conviction.
Read Also:
- Arctic Pablo Turns Up the Heat—Presale Sizzles at $0.000125 with Eyes on $0.10 as Ponke and Goatseus Watch the Chart Climb
- Bhutan Teams Up with Binance Pay for Crypto Tourism
- Is This the Perfect Dip? BTFD’s $0.0002 Entry Eyes 8,900% ROI as Cheems Slips, Sudeng Climbs—Best New Meme Coins for Significant Returns
- Metaplanet Adds 555 BTC, Now Holds Over $536M
- Whales Accumulate 20K BTC as Small Traders Exit
