Bitcoin's price fell below $115,000, while institutional buyers like Metaplanet and Strategy expanded their holdings significantly. Metaplanet acquired 775 BTC for $93 million, raising its total to 18,888 BTC worth $1.94 billion, reinforcing its position as a major corporate holder. Strategy purchased 430 BTC for $51.4 million, increasing its total to 629,376 BTC valued at $46.15 billion. This trend marks a shift in corporate treasury management, with institutional confidence in Bitcoin showing significant growth.
Metaplanet now holds ~$2.18 billion in $BTC against just ~$0.12 billion of outstanding 0% ordinary bonds, with an 18.67x over-collateralization by our BTC position.
We're witnessing a fundamental shift in corporate treasury management. Companies are increasingly viewing Bitcoin as a strategic asset class.
Collection
[
|
...
]