💥#BreakingNews

Metaplanet Scoops Up 518 BTC, Total Holdings Now 18,113 BTC
(Source: The Currency analytics)

📰 Details:
Japanese firm Metaplanet acquired 518 BTC for roughly $61.4 million, bringing its total holdings to 18,113 BTC—securing its spot as the sixth-largest Bitcoin holder globally.

🧠 Analysis:
🔹 Metaplanet shows growing institutional confidence, while building their position by steadily buying and not just gambling on price swings
🔹 Their average cost per BTC (~$101,911) suggests they’re prepared to stay strong through short-term market drops.
🔹 As a major holder, their actions could influence market sentiment, especially in Asia.
🔹 Capital raise plans (555 billion yen via share issuance) highlights their long-view strategy into crypto.

💡 Takeaway:
Metaplanet’s purchase appears to be a calculated long game. For institutional watchers, it's a signal that serious players are deepening their exposure in crypto.

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