Strategy Boosts Bitcoin Holdings to $17B
Strategy, a leading investment firm, has bolstered its Bitcoin holdings by acquiring an additional 7,633 BTC amid market volatility. This strategic move has significantly increased the firm's unrealized profits, which now exceed $17 billion. Meanwhile, Metaplanet, a Bitcoin-focused company, has set its sights on amassing a 10,000 BTC stash by the end of 2025.
Strategy's latest acquisition brings its total Bitcoin holdings to 478,740 BTC, representing a year-to-date yield of 4.1%. This substantial investment places Strategy nearly 12 times ahead of Marathon Digital, the second-largest BTC holder among publicly listed companies. With an average cost per BTC of $62,691, Strategy's unrealized profit stands at over $17 billion, given Bitcoin's current price of $97,405.80.
Metaplanet, which transitioned from a hotel-focused business to a Bitcoin Treasury Company in April 2024, has seen remarkable growth in its Bitcoin holdings. The firm's BTC stash now stands at 1,762 BTC, acquired through internally generated capital and structured financial instruments. By the end of 2024, Metaplanet's Bitcoin holdings were 14 times higher than its market capitalization in April of the same year, positioning it as Asia's largest public BTC holder and one of the top 15 globally.
Metaplanet's strategic shift towards Bitcoin has driven significant growth in the company's metrics. Since adopting Bitcoin, Metaplanet has recorded a 500% increase in the number of its shareholders and a market cap growth of over 100x. Additionally, its stock trading volume in 2024 was up 430x compared to 2023. The company's net income for the fiscal year was ¥6.397 billion ($42.1 million), marking its first operating profit since 2017.
Metaplanet aims to grow its Bitcoin stash to 21,000 BTC by the end of 2026, with plans to finish 2025 with 10,000 BTC in its treasury. The firm is committed