MetaPlanet Buys 797 BTC — Saylor Hints at More, Is This Bitc
Monnie Brunt OkvK
Updated at: 5 hours ago
{"content":"MetaPlanet Buys 797 BTC — Saylor Hints at More, Is This Bitcoin’s Perfect Storm?
Michael Saylor, one of the founders of Strategy, said that the business will start purchasing a lot of Bitcoin again after a week off. This is happening at the same time that Japanese company Metaplant is making another large acquisition.
Saylor, who had been in charge of buying $BTC for 12 weeks in a row, hinted about starting afresh in a post on social media.
Michael Saylor's X message On June 30, the business made its final big purchase, adding 4980 $BTC to its holdings. That purchase boosted the amount to an amazing 597,325 $BTC.
Debt and stock are paying for the strategic purchasing binge, which is a wise move that is helping Strategy keep on top as one of the largest corporate Bitcoin holders.
Institutional Demand Exceeds Mined Supply
Metaplanet, a rising star in the Bitcoin treasury game, made its own big acquisition just on time. The Japanese investment company bought 797 more BTC for around $93.6 million, bringing its total to 16,352 BTC.
The X announcement from Metaplanet
Simon Gerovich, the CEO of Metaplanet, confirmed the purchase, according to his mantra of "another week, another tranche." This most recent transaction makes it the fifth-largest publicly listed company that owns Bitcoin.
Simon Gerovich's post on X
The fact that the big institutions are buying up more and more shows that the market is changing. Adam Livingston made it quite obvious on X that the demand for miners' goods is starting to outpace the supply.
Some experts are talking about a possible supply shock because of this change, while others are worried about the long-term hazards of companies purchasing with debt. As more and more people get interested, the major firms are taking control of the industry and deciding what will happen with Bitcoin in the future.
#BTC120kVs125kToday #USCryptoWeek #StrategyBTCPurchase #TradingStrategyMistakes #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/14/8641fda8ca0723d91cc1b3f930815743.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}