Metaplanet Adds $53.7M in Bitcoin, Boosts Holdings to 5,555 BTC

By: cryptosheadlines|2025/05/08 14:17:26
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Metaplanet expanded its holdings by purchasing 555 BTC for $53.7 million, increasing its total to 5,555 BTC.The firm issued $25 million in 0% bonds to fund further Bitcoin acquisitions, mirroring Strategy’s financial strategy.BlackRock’s IBIT now holds 620,252 BTC, overtaking Strategy and demonstrating strong institutional interest in Bitcoin.Japan-based Metaplanet has purchased an additional 555 Bitcoins valued at approximately $53.7 million. The company acquired at an average price of $90,431 per BTC. This move increases Metaplanet’s total Bitcoin holdings to 5,555 BTC, now valued at $537.2 million.The latest purchase was executed through two cryptocurrency platforms BitFlyer and QCP Capital. According to data provided by Lookonchain via Arkham Intelligence, Metaplanet moved 198 BTC, 197.5 BTC, and 159.4 BTC into its cold wallet after the transaction. Shortly after the acquisition, the company announced that it had begun raising more capital to expand its Bitcoin reserve. It issued $25 million in zero-interest ordinary bonds, continuing a strategy modeled after U.S.-based firm Strategy.Parallels with Strategy’s Bitcoin ApproachStrategy, a firm led by Michael Saylor, recently made two separate Bitcoin purchases totaling $1.58 billion. Metaplanet’s recent bond issuance and accumulation strategy appear to follow this model closely. The company aims to deepen its presence in the digital asset space using similar financial instruments.Meanwhile, global asset management giant BlackRock continues to lead in Bitcoin accumulation. Through its iShares Bitcoin Trust ETF (IBIT), BlackRock holds 620,252 BTC, valued at $58.5 billion. This figure surpasses Strategy’s total Bitcoin assets, which stand at 555,450 BTC, valued at $38 billion. On May 6, IBIT alone saw an inflow of 5,613 BTC worth $529.5 million.While BlackRock gained ground, other ETFs showed mixed performance. Fidelity and Bitwise experienced outflows of 611 BTC and 239 BTC, respectively. VanEck’s ETF recorded no new activity. Despite varied performance among funds, Bitcoin’s price rose to $96,930 after a 2.9% daily increase.Source link

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