Bitcoin News Today: Metaplanet Smarter Web Spend $100 Million to Buy More Bitcoin

Publicly traded firms Metaplanet and Smarter Web have accelerated their Bitcoin accumulation strategies, collectively investing around $100 million in recent purchases [1]. Metaplanet, a Tokyo-based investment company, acquired 518 Bitcoin for approximately $61.4 million, increasing its total holdings to 18,113 BTC, valued at around $2.15 billion [1]. Smarter Web, a UK-based firm, added 295 Bitcoin for £26.3 million ($35.2 million), bringing its total Bitcoin reserves to 2,395 BTC, acquired for $264.8 million [1].

Both companies have adopted a strategy similar to that of Michael Saylor’s Strategy, leveraging creative financing to fund further Bitcoin acquisitions. Metaplanet recently announced plans to raise 555 billion Japanese yen ($3.7 billion) through perpetual preferred shares to accelerate its Bitcoin strategy [1]. Smarter Web, meanwhile, continues to report on BTC Yield, a key performance indicator reflecting the ratio of its Bitcoin holdings to assumed shares outstanding. Over the past 30 days, the company has reported a BTC Yield of 76% [1].

The latest purchases come amid a broader trend of institutional interest in Bitcoin, particularly among publicly traded firms. Metaplanet is now ranked sixth globally in corporate Bitcoin holdings, behind entities such as Strategy, MARA, XXI, Bitcoin Standard Treasury Company, and Riot [1]. Smarter Web maintains a position within the top 25 public companies with Bitcoin treasuries, reinforcing Bitcoin’s growing role as a strategic asset in institutional portfolios.

Bitcoin’s price has risen significantly in recent months, trading at approximately $120,404 at the time of the purchases—just 2% below its all-time high of $122,838 [1]. Since the first Bitcoin purchases made by firms like Strategy, the price has increased over 950%, rising from around $11,400 to nearly $119,483 [3]. This performance has generated substantial returns for early investors and has encouraged others to follow suit.

Analysts suggest that as more companies allocate capital to Bitcoin, institutional demand may rise, potentially stabilizing price volatility and reinforcing Bitcoin’s status as a store of value [3]. However, the rapid accumulation of Bitcoin by public companies also raises questions about market dynamics and regulatory developments as the cryptocurrency space continues to evolve [4]. The strategic builds by Metaplanet and Smarter Web reflect a maturing perception of Bitcoin in corporate finance and highlight its increasing adoption among traditional investors seeking diversification and a hedge against macroeconomic uncertainties.

Source: [1] Bitcoin Buying Sprees Accelerate As Metaplanet, Smarter Web Boost BTC Reserves With Roughly $100 Million Purchases (https://zycrypto.com/bitcoin-buying-sprees-accelerate-as-metaplanet-smarter-web-boost-btc-reserves-with-roughly-100-million-purchases/)

[2] Leap Digital Investments (https://leapdigitalinvestments.com.au/)

[3] News (https://zycrypto.com/news/)

[4] Blog Headlines & Articles | I3investor (https://klse.i3investor.com/web/headline/blog)