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

By: cryptosheadlines|2025/05/08 14:17:26

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

-- Price

Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...

The payment moment of AI agents: Who will become the Stripe of the machine economy?

Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.

Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program

Overview of Important Market Events on May 6th

How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy

MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.

Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees

Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?

This round of funding bets on the transition of cryptocurrency from the infrastructure development phase to the phase of real user adoption. Whether focusing on cryptocurrency or crossing over to AI, this real money will only flow to those places that can turn technology into products.

Polymarket Underlying Algorithm Explained

It may be the only article on Twitter that clearly explains all the underlying design of Polymarket in plain language.