Strategy and MetaPlanet Add to Their BTC Reserves
The firms announced Monday that recent buys had added 7,390 bitcoin and 1,004 bitcoin to their respective reserves.
Strategy and Metaplanet collectively acquired $870M worth of Bitcoin, fueling a surge in
Bitcoin above $106,000, nearing an all-time high.
What’s the Scoop?
- Strategy Adds 7,390 BTC: Michael Saylor's Strategy acquired 7,390 BTC for $764.9M, bringing their holdings to 576,230 BTC, about 2.74% of Bitcoin's supply.
- Metaplanet's BTC Accumulation: Tokyo-listed Metaplanet bought 1,004 BTC for $104.8M, aiming to reach their goal of 10,000 BTC by year-end.
- Bitcoin Surge: These acquisitions likely contributed to Bitcoin's rise above $106,000 over the weekend, just $3,000 shy of a new all-time high.