World Liberty Financial already holds a number of different altcoins in its coffers, though its holdings are mostly unprofitable at the moment. Meanwhile, Japanese firm Metaplanet continued its aggressive Bitcoin acquisition strategy by adding 319 BTC to its treasury and aiming for 10,000 BTC by year-end. Mechanism Capital’s Andrew Kang also recently doubled his Bitcoin long position to $200 million after Trump’s pro-crypto comments and a surprise tariff pause. WLFI Expands Altcoin Holdings The Trump family-backed cryptocurrency project, World Liberty Financial (WLFI), added 4.89 million SEI tokens to its digital asset portfolio. The purchase was valued at close to $775,000. On-chain data from Arkham Intelligence reveals that the SEI acquisition was executed on April 12 using USDC transferred from WLFI’s main wallet to one of its trading wallets. This address is linked to other altcoin investments by the project as well. World Liberty Financial crypto holdings (Source: Arkham Intelligence ) WLFI is making it a top priority to build a diversified crypto portfolio, and already holds major assets like Bitcoin, Ethereum, and altcoins including Tron, Ondo Finance, Avalanche, and now Sei. Despite these investments, the project has not seen returns on any of its positions. According to blockchain analytics firm Lookonchain , WLFI spent around $346.8 million on 11 different tokens, with its Ethereum holdings alone currently showing a loss of over $114 million. In total, the portfolio is down by approximately $145.8 million. This latest update happened just two months after Eric Trump, the son of President Donald Trump, encouraged followers to buy Ethereum in a Feb. 3 social media post . Originally, the post contained the phrase “you can thank me later,” but it has since been edited. Additionally, the WLFI stablecoin USD1 seems to be gaining visibility. An icon representing USD1 surfaced on major platforms including Coinbase, Binance, and CoinMarketCap, hinting at an unofficial logo reveal. However, WLFI has not made any formal announcement regarding the branding. USD1 and WLFI’s broader ambitions attracted a lot of criticism from both sides of the political aisle. During an April 2 US House Financial Services Committee hearing on stablecoin regulation, Democratic Representative Maxine Waters warned that Trump may seek to replace the US dollar with his own stablecoin for federal payments. Republican committee chair French Hill is just as concerned, and warned that without clear measures preventing a sitting president from owning a stablecoin business, he could not support any legislation that enables such power. Metaplanet Buys More Bitcoin World Liberty Financial is not the only company stocking up on crypto. Japan-based investment firm Metaplanet Inc. continued its aggressive Bitcoin acquisition strategy, and announced the purchase of an additional 319 BTC for 3.779 billion yen, or approximately $26.3 million USD. The latest acquisition was made at an average price of around $82,549 per Bitcoin, and raised the company’s total Bitcoin holdings to 4,525 BTC. This brings the total valuation of its Bitcoin portfolio to about 58.145 billion yen, or $386.3 million. The announcement was shared on April 14, 2025, and it reflects Metaplanet’s strategic commitment to Bitcoin as a core component of its treasury operations. This program formally began in April of 2024. Since then, the Tokyo Stock Exchange-listed company used a mix of equity and debt financing to build its Bitcoin reserves. Metaplanet Bitcoin acquisition announcement (Source: Metaplanet ) A key internal metric used by Metaplanet to assess its performance is BTC Yield, which measures the change in Bitcoin holdings relative to its fully diluted share count. For the first quarter of 2025, the firm reported a BTC Yield of 95.6%, with 6.5% of that growth occurring between April 1 and April 14 alone. This builds on its performance in prior quarters, including a 41.7% increase in Q3 of 2024 and a dramatic 309.8% surge in Q4 of 2024. To support its acquisitions, Metaplanet implemented a structured financing approach involving multiple tranches of stock acquisition rights and zero-coupon bonds issued via third-party allotments, primarily to EVO FUND. Since January 2025, the company issued 21 million shares across five tranches as part of its expanded “210 Million Plan,” which replaced its earlier “21m Plan.” These issuances were structured with a 0% discount and flexible pricing tied to market conditions. Metaplanet has also redeemed several of its bonds early. The firm most recently issued significant share volumes through its 14th and 17th series stock acquisition rights, delivering 8.6 million and 4.2 million shares respectively. With 41.7% of the “210 Million Plan” now exercised, Metaplanet has raised over 35 billion yen through this initiative. The company has set an ambitious target of 10,000 BTC by the end of 2025 and ultimately aims to hold 21,000 BTC, a goal that would place it among the largest corporate Bitcoin holders globally. Andrew Kang Doubles Down on Bitcoin Andrew Kang, the founder of crypto investment firm Mechanism Capital, recently increased his bullish stance on Bitcoin by adding another $100 million to his existing long position, bringing the total to $200 million. This is according to on-chain data analyzed by Arkham Intelligence . The new leveraged position comes with an estimated profit or loss range of $6.8 million. Kang initially entered the first $100 million long trade on April 9, shortly after President Donald Trump took to Truth Social with a post declaring , “THIS IS A GREAT TIME TO BUY!!! DJT.” That same day, the Trump administration announced a surprise 90-day pause on its newly implemented global tariff regime, which sent both cryptocurrency and stock markets sharply higher. Kang interpreted the combination of trade war easing and Trump’s public support for markets as the ideal catalyst for Bitcoin to break out of a months-long downtrend. In a post on April 12, Kang referred to the so-called “Trump put”—the idea that the president will act to support markets—as a key factor in his bullish thesis. He described the administration’s tariff capitulation as a trigger that could reverse Bitcoin’s negative price momentum. However, the political fallout from Trump’s April 9 post continues to grow. On April 11, Senate Democrats sent a letter to the Securities and Exchange Commission (SEC) urging an investigation into potential insider trading and market manipulation. They alleged that Trump’s social media post may have preemptively hinted at the tariff pause to come. BTC’s price action over the past 7 days (Source: CoinMarketCap ) Bitcoin’s price action remained volatile as traders tried to make sense of the shifting trade policy. Over the past 24 hours, BTC’s price rose slightly by 0.34%. As a result, the crypto king was worth about $84,541 at press time. BTC was also in the green by close to 12% on its weekly time frame.