Metaplanet Acquires 150 Bitcoin in Strategic Move
- Metaplanet acquires 150 Bitcoin, affecting the cryptocurrency market dynamics.
- Acquisition strengthens Metaplanet’s digital asset portfolio.
- Bitcoin market dominance reaches 60.81%, up by 3.15% in 24 hours.
Metaplanet Buys 150 Bitcoin Amid Market Declines
Metaplanet has purchased 150 Bitcoin, a decision reflecting its bullish stance on the leading cryptocurrency. This move comes amid recent market declines challenging investors.
Founded by tech leaders, Metaplanet aims to diversify its asset base through digital currencies. Acquiring Bitcoin at $86,755 per unit aligns with ongoing strategies. Simon Gerovich, CEO of Metaplanet, stated:
“Metaplanet has acquired an additional 150 BTC for ~$12.5 million, achieving a BTC Yield of 60.8% YTD in 2025. As of 3/18/2025, Metaplanet hodls 3,200 BTC, and is now a top 10 publicly listed holder of $BTC globally.”
— Simon Gerovich
Bitcoin Market Dominance Reaches 60.81%
The acquisition has further solidified Bitcoin’s market dominance, currently at 60.81%. Metaplanet’s action underscores the sustained interest from institutional investors.
As per CoinMarketCap, Bitcoin’s current price stands at $86,755.01, with a 3.15% increase over 24 hours. Trading volumes surged by 75.55%, reaching $16.8 billion. The strategic acquisition by Metaplanet may enhance portfolio strength and contribute to long-term growth expectations.
Institutional Bitcoin Acquisitions Mirror Past Trends
Bitcoin acquisitions by major firms mirror past events, such as MicroStrategy’s purchases. Increases in institutional holdings typically preface price rebounds.
Experts forecast potential long-term appreciation in Bitcoin value, driven by institutional confidence and limited supply factors influencing market trends.
