Metaplanet Surpasses 17,000 BTC Holdings, Suggesting Continued Accumulation Amid Strategy’s Potential Buy

Key Points

1. Metaplanet purchased 780 BTC for ¥13.67 billion ($92.93 million) at an average price of ¥17.52 million ($119,136) per coin, bringing its total holdings to over 17,000 BTC.

2. Metaplanet's Bitcoin accumulation has surpassed Coinbase Global, making it a significant player in Asia's crypto market.

3. Strategy (formerly MicroStrategy) holds 607,770 BTC, valued at approximately $71.8 billion, and is preparing for another major Bitcoin acquisition.

4. Bitcoin's price was near $118,850, with a 0.54% increase in the last 24 hours, while the Altcoin Index remained low at 42, indicating a strong Bitcoin season.

5. Metaplanet's shares surged 5% to 1,240 JPY, reflecting investor confidence, while Strategy's MSTR stock declined 2.18% to $405.89.