Bitcoin News Today: Bitcoin's Corporate Gold Rush Hits Overdrive With Strategic Buy-In Surge

Metaplanet Inc. has acquired an additional 775 Bitcoin for $93 million, raising its total holdings to 18,888 BTC, according to recent disclosures. The purchase was made at an average price of $120,006 per coin, increasing the company’s aggregate Bitcoin cost basis to $1.94 billion. The transaction maintains Metaplanet’s status as the seventh-largest corporate holder of Bitcoin, with an average acquisition cost of $102,653 per coin across all purchases. The acquisition was announced as Bitcoin traded below $115,000, marking a short-term pullback from its recent peak of $124,000 [1].

The company has systematically expanded its Bitcoin treasury since July 2024, executing over 20 separate transactions. This strategy reflects a growing trend of institutional adoption of Bitcoin as a strategic reserve asset, with over 200 public companies now holding Bitcoin. Metaplanet President Simon Gerovich emphasized the company’s confidence in its Bitcoin strategy, stating that it is “building a foundation” despite the recent price volatility. The firm also reported a Bitcoin yield of 29.3% for the latest period, though this figure is significantly lower than the 129.4% recorded in Q2 [1].

In parallel, Michael Saylor’s Strategy has also added to its Bitcoin holdings, acquiring 430 BTC for $51.4 million at an average price of $119,666 per coin. This brings Strategy’s total Bitcoin holdings to 629,376 BTC, valued at $46.15 billion in aggregate. The company’s average purchase price remains at $73,320 per coin. This activity, coupled with Metaplanet’s purchases, underscores a broader shift in corporate treasury management, as more firms view Bitcoin as a core asset class. Analysts note that corporate buyers are increasingly employing sophisticated financing structures and strategic buy-in windows to accumulate Bitcoin [1].

According to Dylan LeClair, director of bitcoin strategy, Metaplanet’s Bitcoin holdings now total approximately $2.18 billion, far exceeding its $0.12 billion in outstanding 0% ordinary bonds. This results in an over-collateralization ratio of 18.67x, which represents the company’s sole liability within its capital structure. This level of collateralization highlights the growing confidence in Bitcoin’s long-term value proposition, even as short-term volatility remains a factor [1].

The ongoing institutional demand for Bitcoin is also evident in the performance of U.S.-listed Bitcoin ETFs, which have recorded significant inflows. Meanwhile, corporate treasuries continue to accumulate the asset, signaling a potential evolution in Bitcoin’s role from a speculative investment to a mainstream reserve asset. Despite the recent pullback, the market has seen continued innovation in financial instruments and investment vehicles tailored to institutional Bitcoin exposure [1].

Analysts have noted that corporate Bitcoin strategies are maturing, with firms like Metaplanet and Strategy setting precedents for large-scale accumulation. However, risks such as price volatility and equity dilution remain concerns. Hank Huang, CEO of Kronos Research, emphasized that sharp Bitcoin price drops could strain balance sheets and investor confidence. Metaplanet has taken steps to mitigate these risks, including a recent announcement of a $3.7 billion stock offering to fund further Bitcoin purchases [2].

Source:

[1] Bitcoin Price Slides Below $115000 As Strategy And ... (https://bitcoinmagazine.com/markets/bitcoin-price-slides-below-115000-as-strategy-and-metaplanet-buys-additional-bitcoin)

[2] Metaplanet's Bitcoin Treasury Swells to 18,888 BTC With ... (https://finance.yahoo.com/news/metaplanet-bitcoin-treasury-swells-18-131603838.html)