Metaplanet, Strategy Buy More Bitcoin (Again)

Japanese Bitcoin treasury firm Metaplanet and Michael Saylor’s Strategy (formerly MicroStrategy) have ramped up their Bitcoin holdings.

According to reports, Metaplanet purchased an additional 150 BTC, bringing its total reserves to 3,350 BTC worth over $290 million.

Metaplanet ranks as the tenth-largest corporate holder of Bitcoin in the world and operates under the motto “secure the future with Bitcoin.” The firm is aiming to accumulate 10,000 BTC in 2025 and 21,000 BTC by 2026.

Last week, Metaplanet appointed Eric Trump, son of U.S. President Donald Trump, to its newly formed Strategic Advisory Board.

Simon Gerovich, Metaplanet representative director, said Trump was appointed based on his business acumen and support for the Bitcoin community.

“His business expertise and passion for BTC will help drive our mission forward as we continue building one of the world’s leading Bitcoin Treasury Companies,” Gerovich said.

Year to date, Metaplanet’s stock price is up 40% but is down 16% this week.

Meanwhile, Strategy purchased another 6,911 BTC for $584.1 million, bringing its total holdings to over 500,000 BTC—equivalent to 2.4% of the entire Bitcoin supply.

Between Monday and Sunday, MicroStrategy sold 1,975,000 shares of its Class A common stock, raising net proceeds of approximately $592.6 million.

This latest purchase follows MicroStrategy’s previous acquisition of 130 BTC for about $10.7 million, between March 10 and March 16.

Strategy’s stock price is up 12% year to date.

Strategy’s and Metaplanet’s Bitcoin purchases come as Bitcoin struggles to rebound above $90,000, currently trading at around $86,000.

However, BRN believes that Bitcoin could hit $90,000 soon, “We recommend staying heavily exposed, as the combination of easing tariff concerns and the Fed’s dovish tilt could propel BTC back above $90K in the coming days,” BRN analyst Valentin Fournier said.