Metaplanet’s 61.4m Bitcoin Buy Bu Pushes PTC to $ 1.85 billion! star-news.press/wp

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Tokyo -based Metaplanet has increased significantly from Bitcoin’s holdings to 18,113 BTC, which reflects a strong commitment to the “standard” treasury strategy.

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Tokyo -based metaplanet Inc has strengthened its position among the largest bitcoin (BTC) holders in the world, Adding 518 BTC on August 12.

The move raised its reserves to 18,113 BTC, at a value of approximately $ 1.85 billion at the time of the press.

Since Bitcoin made a basic company in December 2024, the company has followed an aggressive accumulation strategy.

Metaplanet adds more bitcoin

The Stock Exchange file in Tokyo showed 9.086 billion yen, or 61.4 million dollars, at 17,540,861 yen (about 118,519 dollars) per BTC.

Of course, this pushed the total bitcoin spending to 270.364 billion yen, which reflects a deep commitment to the original.

In late July, she bought 463 BTC for $ 53.7 million at an average of $ 115,895, raised holdings to 17,595 BTC.

This previous purchase helped achieve BTC’s return by 459.2 %, according to the company’s performance indicators.

For the context, Ampcrypto previously reported the purchase of July as part of the fast accumulation chain, while keeping it in the world top layer.

Keeping up whales

However, the pace of metaplanet accumulates the aggressive strategies of other bitcoin companies.

The United States -based strategy (formerly Microstrategy), for example, recently open Buy 155 BTC for about $ 18 million at an average cost of $ 116401.

This last strategy that was raised from the purchase, which amounts to 628,946 BTC, which is worth $ 46.09 billion, enhances its position as the largest bitcoin holder in the world.

According to bitcointreasuries DataMetaplanet is now the sixth rank in the world among public companies that maintain Bitcoin, and only transcends the strategy, Mara, XXI, Bitcoin Standard Treasury Company, and RIOT.

Analysts Proposal These concentrated purchases of companies reflect the increasing institutional condemnation in bitcoin, especially from companies that adopt the “bitcoin standard” such as the basic treasury management philosophy.

The market reaction tells another story

Of course, the markets remained unexpected.

After this announcement, the Metaplanet arrow witnessed a short increase of 1 % from 985 yen to 997 yen, before that. Slide To 980 yen and at the end he settled 2.69 % in 975 yen by the time of the press.

The decline came alongside a decline in the broader market, as Bitcoin itself has decreased by 2.44 % over the past 24 hours to 119.092.10 dollars, according to Coinmarketcap.