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cryptonews 2025-03-03 07:30:31

Metaplanet Continues Accumulating Bitcoins, Adds 156 BTC

Japanese investment giant Metaplanet has added another 156 Bitcoins to its stash on Monday, influencing institutional investors to follow suit. In a post on X, the company CEO Simon Gerovich confirmed that Metaplanet now holds a total of 2391 Bitcoins, worth $196.3 million. “Metaplanet has acquired 156 BTC for $13.4 million at $85,890 per Bitcoin and has achieved BTC Yield of 31.8% YTD 2025.” Metaplanet has acquired 156 BTC for ~$13.4 million at ~$85,890 per bitcoin and has achieved BTC Yield of 31.8% YTD 2025. As of 3/3/2025, we hold 2391 $BTC acquired for ~$196.3 million at ~82,100 per bitcoin. pic.twitter.com/iOZyPhRhnc — Simon Gerovich (@gerovich) March 3, 2025 The recent purchase has further added to the BTC’s bullish momentum, accelerated over the weekend by Trump’s crypto reserve announcement. Immediately following the announcement, Bitcoin’s price surged from $85,207 to $94,537, per CoinGecko data . The largest digital asset is trading at $92,787 at press time. Bitcoin accumulation comes days after Metaplanet announced a non-traditional funding strategy to expand its digital asset portfolio. The company revealed issuance of $13.6 million in Zero-Interest bonds to fund Bitcoin investments. Metaplanet Explores Listing Outside Japan The company’s recent Bitcoin purchases come after Gerovich met with officials at the New York Stock Exchange last week. “Metaplanet, as a future-oriented company built on the Bitcoin Standard, continues to grow steadily day-by-day,” he wrote on X. 先週はニューヨークで非常に実りの多い時間を過ごしました。メタプラネットは、ビットコイン・スタンダードを基盤にした未来の企業として、日々着実に成長を続けています。 先週の主なハイライトは以下のとおりです: … pic.twitter.com/OrnK6RRk5R — Simon Gerovich (@gerovich) March 2, 2025 Further, he presented Metaplanet’s “platforms and functions” to NYSE and Nasdaq, revealing plans to expand its base outside Japan. “We are exploring the best ways to make Metaplanet’s stock more accessible to investors worldwide.” Gerovich added that Metaplanet will set as an example to prove that “Japanese companies can stand at the forefront of financial innovation and long-term value creation.” Corporates’ Bitcoin Holdings – What is Driving This Adoption? Recently, smaller companies are imitating the Bitcoin accumulation plan, pioneered by Michael Saylor’s Strategy (formerly MicroStrategy). Crypto security company Coinkite revealed that 78 companies globally hold the crypto in their corporate treasuries. Dom Harz, co-founder of BOB, a build-on-Bitcoin project, says that exchange-traded funds (ETFs) have a lot to do with corporates’ Bitcoin adoption. “The idea of staking Bitcoin, which is putting your Bitcoin to work to earn rewards on a blockchain network, is still a novel idea but one that is gaining traction,” he told Cryptonews over mail. “The idea of it becoming a corporate strategy isn’t far-fetched – it’s inevitable.” He emphasized that the possibilities of corporations holding Bitcoin are that they’ll start to integrate digital assets into their core operations. “That brings in room for them to start putting their bitcoin to work, through the likes of staking,” Harz added. “The moment institutions see a viable yield-generating mechanism that aligns with Bitcoin’s security model, we’ll see major players exploring it – and fast.” The post Metaplanet Continues Accumulating Bitcoins, Adds 156 BTC appeared first on Cryptonews .

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