Metaplanet acquires 1,088 BTC, reaching 8,888 BTC total, while BTCS Inc. adds 1,000 ETH, expanding its Ethereum holdings to 13,500 ETH.
Metaplanet Boosts Bitcoin Holdings
Japan's Metaplanet has acquired an additional 1,088 BTC for approximately ¥16.89 billion (around $117.5 million), bringing its total Bitcoin holdings to 8,888 BTC. This strategic move positions Metaplanet among the top corporate Bitcoin holders globally, surpassing companies like Jack Dorsey's Block Inc.
The company's aggressive accumulation strategy, initiated in April 2024, aims to reach 10,000 BTC by the end of 2025. Metaplanet has financed these acquisitions through zero-coupon, non-interest-bearing bond issuances and stock acquisition rights, raising over ¥35 billion and $121 million.
BTCS Inc. Increases Ethereum Holdings
U.S.-based BTCS Inc. has purchased 1,000 ETH for approximately $2.63 million via Crypto.com's institutional platform, elevating its total Ethereum holdings to 13,500 ETH. This acquisition represents a 50% increase from the 9,063 ETH held at the end of Q1 2025.
BTCS's CEO, Charles Allen, emphasized that this move aligns with the company's strategy to build scalable, revenue-generating blockchain infrastructure, particularly through its NodeOps and Builder+ initiatives. Utilizing Crypto.com's platform allowed BTCS to optimize execution and reduce slippage in their ETH purchases-
Implications for the Crypto Market
These significant acquisitions by Metaplanet and BTCS Inc. underscore the growing trend of institutional adoption in the cryptocurrency space. Such moves not only validate the long-term potential of digital assets like Bitcoin and Ethereum but also contribute to increased market stability and investor confidence.
FAQs
Why is Metaplanet investing heavily in Bitcoin?
Metaplanet views Bitcoin as a strategic reserve asset and aims to reach 10,000 BTC holdings by the end of 2025, leveraging it as a hedge against inflation and currency devaluation.
What is BTCS Inc.'s strategy with Ethereum?
BTCS Inc. is focusing on building blockchain infrastructure and sees Ethereum as a foundational asset for its NodeOps and Builder+ initiatives, aiming to generate scalable revenue streams.
How do these acquisitions affect the broader crypto market?
Institutional investments like these enhance market credibility, attract more investors, and can lead to increased adoption and integration of cryptocurrencies into traditional financial systems.
Are these companies planning further acquisitions?
Metaplanet has set a target of 10,000 BTC by the end of 2025, indicating continued acquisitions. BTCS Inc. has also expressed intentions to expand its digital asset holdings as part of its infrastructure development strategy.
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