Bitcoin News Today: Metaplanet Buys 518 BTC for $61.4M as Institutional Adoption Grows

Metaplanet, a Japanese investment firm, has acquired 518 Bitcoin for approximately $61.4 million, bringing its total BTC holdings to 18,113 as of August 12, 2025 [1]. The purchase was made at an average price of $118,964.74 per Bitcoin, aligning with the company’s ongoing strategy to build a Bitcoin-centric treasury. This latest acquisition is seen as a continuation of Metaplanet’s long-term commitment to Bitcoin as a store of value and a hedge against macroeconomic uncertainties.

The move has sparked speculation among market observers about the broader trend of institutional adoption of Bitcoin. In a market environment where Bitcoin traded near $119,000, with altcoins also showing strength, Metaplanet’s purchase may signal growing confidence in the digital asset’s utility as a reserve asset [2]. Other firms, such as The Smarter Web Company, have similarly increased their Bitcoin holdings, with the latter adding 295 BTC for £26.3 million as part of a 10-year treasury strategy [3].

The timing of the purchase coincides with a broader market rally driven by softer-than-expected U.S. inflation data, which has fueled speculation about potential Federal Reserve rate cuts. Bitcoin and Ethereum both saw significant price gains on the back of this macroeconomic optimism [4]. While Metaplanet’s purchase was not disclosed in advance, the firm’s prior investments in Bitcoin suggest a deliberate and strategic approach to asset allocation rather than a speculative one.

Notably, the acquisition took place just days after U.S. entrepreneur David Bailey, a cryptocurrency adviser to former U.S. president Donald Trump, announced plans to purchase $762 million worth of Bitcoin. Such large-scale buying activity by high-profile figures has added further momentum to the market [5]. Meanwhile, Ethereum has also seen a surge in institutional interest, with over $1 billion in inflows recorded in a single day, led by BlackRock and other major players [6].

As Bitcoin continues to see increased adoption by both public and private entities, the actions of firms like Metaplanet may serve as a bellwether for future trends in corporate treasury management. If other companies follow suit, the broader implications for Bitcoin’s price and utility could become more pronounced. However, the market remains cautious about regulatory developments, as demonstrated by the U.S. Securities and Exchange Commission’s recent focus on policy reforms in the wake of its ongoing legal battle with Ripple Labs [7].

Source:

[1] Metaplanet Acquires 518 BTC, Holdings Reach 18,113 BTC (https://www.cryptotimes.io/all-news)