Bitcoin News Today: Bitcoin's Quiet Resurgence Gains Steam with Institutional Backing

Japanese investment firm Metaplanet and El Salvador, a country that has adopted a pro-cryptocurrency stance, have both added to their Bitcoin holdings as market sentiment, as measured by the Bitcoin Fear & Greed Index, shifted to “neutral” after a brief period in the “fear” zone. Metaplanet announced the purchase of an additional 136 Bitcoin on Monday, bringing its total holdings to 20,136 BTC, valued at over $2.2 billion at current prices. The acquisition was disclosed on the same day as the index moved to a reading of 51, indicating a neutral market sentiment after three days of fear-driven trading [1].

The company, which first announced its Bitcoin purchase on July 22, 2024, paid approximately ¥16.55 million ($111,830) per Bitcoin. Metaplanet CEO Simon Gerovich previously outlined the company’s goal to acquire 210,000 Bitcoin by 2027, positioning it as the second-largest corporate Bitcoin holder, behind Strategy, according to Bitbo. Currently, Metaplanet ranks as the sixth-largest and top Japanese Bitcoin treasury among 186 tracked entities [1]. Despite the continued accumulation, the company’s stock price has seen mixed performance. Following the initial announcement, shares surged by 19% to $1.10, but in the most recent trading session, shares were down nearly 3% to $4.65. Nevertheless, the stock has gained 92.45% year to date [1].

To support its capital-raising efforts, Metaplanet announced plans to raise an additional $880 million through a public share offering in overseas markets on August 27. The move comes as the firm addresses the strain on its “flywheel” model caused by declining stock prices. The company’s ongoing Bitcoin strategy, however, remains unchanged, with Gerovich emphasizing long-term accumulation [1]. Meanwhile, El Salvador continued its Bitcoin adoption journey by purchasing 21 additional Bitcoin on Monday, commemorating the anniversary of its Bitcoin legal tender law, which took effect in September 2021 [1]. The country’s Bitcoin Office confirmed that its total holdings now amount to 6,313 BTC. This purchase occurred despite earlier reports from the International Monetary Fund (IMF), which alleged that El Salvador had ceased Bitcoin purchases since signing a $1.4 billion loan agreement in December 2024. The agreement reportedly required the country to scale back its Bitcoin procurement efforts [1].

In a separate development, Strategy, the largest public company holding Bitcoin, hinted at a potential new purchase. Michael Saylor, Strategy’s executive chairman, posted on X on Sunday with a caption suggesting the company’s Bitcoin portfolio “needs more orange,” a recurring pre-purchase signal. Strategy currently holds 636,505 Bitcoin, according to Bitbo. Saylor is known for sharing the company’s Bitcoin tracker shortly before additional acquisitions. Strategy’s stock (MSTR) has seen modest gains in recent trading sessions, closing at $335.87, up 2.5% from the previous session. Year to date, the stock is up nearly 12% [1].

The renewed accumulation by both institutional and sovereign actors reflects a broader shift in Bitcoin sentiment, with market participants signaling cautious optimism. The return of the Fear & Greed Index to neutral territory suggests that investors are beginning to reassess risk after a period of heightened caution, potentially indicating a stabilization in the market. As Metaplanet, El Salvador, and Strategy continue to grow their Bitcoin treasuries, the evolving sentiment highlights the growing acceptance of Bitcoin as a strategic asset [1].

Source: [1] Metaplanet, El Salvador add Bitcoin as sentiment shifts (https://cointelegraph.com/news/metaplanet-el-salvador-bitcoin-purchase-2025)