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The Metaplanet-based metaplanet considerably increased its Bitcoin interests to 18.113 BTC, which reflects a strong commitment for a “Bitcoin Standard” Treasury strategy.
The Tokyo -based Metaplanet Inc. has further strengthened its position under the largest bitcoin in the world [BTC] holders, add 518 BTC on August 12.
The move raised its reserves to 18,113 BTC, with a value of approximately $ 1.85 billion at the time of the press.
Source: Metaplanet
Since making Bitcoin as a core company in December 2024, the company has followed an aggressive accumulation strategy.
Metaplanet adds more bitcoin
The Tokyo Stock Exchange in the application showed an edition of 9.086 billion yen, or $ 61.4 million, at 17,540,861 yen (~ $ 118,519) per BTC.
Of course this pushed his total Bitcoin expenditure to 270.364 billion yen, which reflects an in -depth commitment to the active.
At the end of July it bought 463 BTC for $ 53.7 million at an average of $ 115,895, which brought holdings to 17,595 BTC.
That earlier purchase helped to reach a year-to-date BTC yield of 459.2%, according to the company performance indicators.
For the context, Ambcrypto reported earlier in July as part of a fast accumulation streak, so that it remained in the worldwide top layer.
Keep pace with the whales
That said, the pace of accumulation of Metaplanet reflects the aggressive strategies of other Bitcoin-Central companies.
US-based strategy (formerly micro strategy) for example, for example unveiled The purchase of 155 BTC for around $ 18 million for an average cost of $ 116,401.
Source: SEC
This newest buy increased the total of the strategy to 628,946 BTC, worth an estimated $ 46.09 billion, which strengthens its position as the world’s largest company holder of business bitcoin.
According to Bitcointreasuries factsMetaplanet is now in sixth place among public companies that keep Bitcoin, only strategy, Mara, XXI, Bitcoin Standard Treasury Company and Riot.
Analysts suggested That such concentrated company purchases reflect the growing institutional conviction in Bitcoin, in particular from companies that embrace a “Bitcoin standard” as a philosophy of core treasury management.
Markt reaction tells a different story
Markets remained of course unpredictable.
After the announcement, the shares of Metaplanet saw a short -lived increase from 1% from 985 yen to 997 Yen, earlier slide Up to 980 yen and ultimately 2.69% lower at 975 yen in time.
The decline came alongside a wider market bullage, in which Bitcoin itself fell 2.44% in the last 24 hours to $ 119,092.10, according to Coinmarketcap.