Bitcoin News Today: Metaplanet Boosts Bitcoin Holdings by 518 BTC in $61.4M Move

Metaplanet Inc. has added 518 bitcoin to its portfolio, valued at approximately $61.4 million, bringing its total BTC holdings to 18,113 coins, valued around $1.85 billion [2]. This acquisition, made in early August 2025, underscores the company’s ongoing commitment to a Bitcoin-centric financial strategy [2]. The purchase was conducted at an average price of $118,519 per bitcoin, consistent with prevailing market conditions at the time [2].

The decision to increase Bitcoin holdings follows earlier estimates that Metaplanet had acquired between 460 and 520 BTC during the same period [1]. The final acquisition appears to have slightly exceeded initial forecasts, demonstrating a more aggressive approach to accumulating the cryptocurrency. This strategic move aligns with broader industry trends, as publicly traded companies increasingly explore digital assets as part of their treasury management practices.

CEO Simon Gerovich has been a key figure in steering Metaplanet’s Bitcoin strategy, which emphasizes long-term holding and investment [2]. The company has made it clear that its focus remains solely on Bitcoin, with no indication of diversifying into other cryptocurrencies such as Ethereum [2]. This singular focus is expected to shape investor sentiment and reinforce Metaplanet’s position as a serious player in the digital asset market.

The acquisition occurred just days before the company officially announced its expansion on August 13, 2025, suggesting a coordinated effort to publicly reaffirm its strategic commitment to Bitcoin [3]. The timing of the announcement highlights Metaplanet’s confidence in the long-term value of the cryptocurrency, both as a store of value and as a key component of its financial future.

Industry observers believe this move could influence broader market perceptions and potentially reshape investor behavior in the crypto space. By continuing to increase its BTC holdings, Metaplanet is signaling a long-term belief in the resilience and growth potential of Bitcoin as a core asset. Investors and analysts alike will closely monitor the company’s future actions to gauge how its strategy evolves in the coming months.

Source:

[1] Metaplanet Expands Bitcoin Holdings with New Acquisition

https://coincu.com/bitcoin/metaplanet-august-bitcoin-acquisition/

[2] Crypto Short News – Latest Real-Time Updates

https://coinpedia.org/crypto-live-news/

[3] ETH Ambitions Ignite Amid Ticker Change to FGNX

https://coincentral.com/fundamental-global-inc-fgf-stock-eth-ambitions-ignite-amid-ticker-change-to-fgnx/