Metaplanet, also referred to as “Asia’s MicroStrategy,” added another 160 BTC worth $13.3 million to the Bitcoin stack. It appears that the Japanese firm is going all in on Bitcoin. The company acquired 696 Bitcoins worth $67.8 million on April 1st which made it the 9th-largest corporate holder of Bitcoin.
Metaplanet Inc., a Japanese investment firm, has acquired an additional 696 BTC through cash-secured put options. This purchase brings its total Bitcoin holdings to 4,046 BTC, worth approximately $340 million. The company has been aggressively expanding its Bitcoin treasury since adopting a BTC-focused strategy in April 2024. *Metaplanet Purchases Additional
According to Arkham Intelligence, Tether, the issuer of USDT, added 8,888 Bitcoin, worth $735 million, in Q1 2025. This resulted in an overall increase in bitcoin holdings to 100,521 BTC, valued at roughly $8.29 billion. Tether will continue to inject Bitcoin purchases with 15% of profits from other activities, a
Members of the Web3 community are turning attention away from the market due to a lack of significant activity. On the other hand, other subsectors are increasingly spiraling with activity. Global adoption is on the rise, as depicted by instances such as Pakistan’s recent pro-crypto stance. Turning to the crypto
The Trump family is deepening its involvement in cryptocurrency with a major move into Bitcoin mining. Eric Trump and Donald Trump Jr. have partnered with Hut 8 to launch American Bitcoin, a large-scale U.S.-based mining firm. Hut 8, a publicly traded crypto infrastructure company, will control 80% of American Bitcoin.
The crypto market has been facing hard times so far this year. Trump’s presidency is focused on bringing clear regulations to take the country ahead in terms of tech innovation. However, the same presidency is the reason behind the dull market performance of the crypto market. Tariffs and uncertain trade
Metaplanet has launched its 10th Series of Ordinary Bonds in the amount of ¥2 billion ($13.33 million) to boost its Bitcoin holdings. The company submitted the details of the issuance on March 31, which states that the bonds are due on September 30, 2025. The company said that the issuance
FTX will begin repaying its major creditors on May 30, marking a key step in the prolonged bankruptcy process. The collapsed crypto exchange has amassed $11.4 billion in cash for repayments. However, the payments will follow valuations from the bankruptcy petition date of November 11, 2022, creating a stark contrast
After an eventful week, the crypto market is experiencing high volatility today, with Bitcoin (BTC) dropping to $82K once again during Asian trading hours. Ethereum (ETH) is also facing significant price swings, falling below $2K and hitting a weekly low of $1,834—a 7% drop. This brings it dangerously close to
Bitcoin’s price has been all over the place lately, with uncertainty growing due to economic factors, market conditions, and investor sentiment. After starting the week strong, BTC fell to a weekly low of $82,030, sparking debates about whether a bigger drop is coming. Experts are keeping an eye on liquidity,
