MicroStrategy and Metaplanet Explore Expanding Bitcoin Holdings Amid Corporate Treasury Ambitions
Main Idea
MicroStrategy and Metaplanet are aggressively expanding their Bitcoin holdings, signaling strong institutional demand, while Coinbase reports shifting altcoin trends with XRP surpassing Ethereum in transaction revenue.
Key Points
1. MicroStrategy holds 628,791 BTC and plans to raise $4.2 billion to target 7% of the total Bitcoin supply, potentially valuing its holdings at $141 billion if Bitcoin reaches $225,000 by 2026.
2. Metaplanet announced a $3.7 billion preferred stock offering to increase its Bitcoin holdings twelvefold, aiming for at least 210,000 BTC by 2027, despite a 7.65% stock drop post-announcement.
3. Coinbase's Q2 revenue declined 25% to $1.5 billion, with XRP surpassing Ethereum in transaction revenue (13% vs. 12%), reflecting shifting altcoin market dynamics.
4. Robinhood's CEO emphasized 'tokenization' during earnings, while Bitcoin miner MARA Holdings faced criticism for lacking diversification beyond BTC mining.
5. MicroStrategy and Metaplanet's strategies highlight growing institutional confidence in Bitcoin as a treasury asset, while Coinbase's revenue trends indicate evolving altcoin market preferences.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! MicroStrategy is aggressively
Latest News
- Binance Alpha Plans Cycle Network (CYC) Launch with Airdrops on August 4, Market Impact Unclear2025-08-02 06:29:27
- Significant U.S. Spot Ethereum ETF Outflows on August 1 Highlight Market Dynamics and Investor Sentiment2025-08-02 06:29:06
- Public Company Considers Bitcoin and Solana Investment as Part of Emerging Crypto Strategy2025-08-02 06:28:46
- Bitcoin Fear and Greed Index Drops to 55 Amid Declining Market Greed Sentiment2025-08-02 05:51:29
- Bitcoin Nears $114,000: Potential Drivers and Risks Behind the Recent Price Surge2025-08-02 05:26:11