Strategy and Metaplanet both announced huge Bitcoin buys on Monday, as the world‘s biggest cryptocurrency edges closer to fresh all-time highs.
On X, Michael Saylor confirmed the Bitcoin treasury company has snapped up another 7,390 BTC, costing a cool $764.9 million.
A typo in his initial post, which was quickly amended, initially suggested the acquisition was worth $764.9 billion.
Strategy‘s near-weekly purchases mean the former business intelligence firm now owns 576,230 BTC,or roughtly 2.74 of the digital asset‘s total supply.
Hours earlier, Saylor had predicted the "digital gold rush" will end in January 2035, telling his followers: "Get your Bitcoin before there is no Bitcoin left for you."
Meanwhile, Metaplanet is burnishing its reputation as Asia‘s answer to Strategy.
The Tokyo-listed firm revealed on X that it has added 1,004 BTC to its reserves, spending $104.8 million in the process.
Both of these transactions likely contributed to Bitcoin‘s brief surge above $106,000 over the weekend—just $3,000 away from uncharted territory.
Data from BitcoinTreasuries.net suggests Metaplanet now owns 7,800 BTC worth $803.7 million at current market rates.
An average purchase price of $91,340 per coin means it‘s sitting on paper profits of $90.9 million at the time of writing, a 12.7 gain.
While that‘s not to be sniffed at, MicroStrategy‘s reserves have appreciated by close to $20 billion since August 2020, which represents a 48.6 unrealized gain.
The announcement means Metaplanet appears well on track to hit its target of acquiring 10,000 BTC by the end of this year.
But a document uploaded to X shows that the company‘s Bitcoin yield, calculated by multiplying gains by market price, is dwindling.
This hit 309.8 between October and December 2024, falling to 95.6 between January and March. Incomplete figures for this quarter, from April 1 to May 19, suggest Metaplanet‘s BTC yield currently stands at 47.8.
Saylor‘s confirmed that Strategy has achieved BTC yield of 16.3 so far in 2025, with the company‘s stock—which trades under the MSTR ticker on the Nasdaq—surging by 25.8 over the past month.
Edited by Stacy Elliott.
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