Bitcoin Holdings Boost: Metaplanet Increases Treasury by 160 BTC

Metaplanet, a Tokyo-listed company, has made a significant move in the cryptocurrency market by adding 160 Bitcoin to its corporate treasury. This strategic purchase brings the total number of Bitcoins held by the firm to 4,206, indicating a strong commitment to the digital asset.

Metaplanet Adds Another 160 BTC to Treasury

Metaplanet has added 160 Bitcoin to its corporate treasury, bringing its total holdings to 4,206 BTC. The Tokyo-listed firm acquired the BTC at an average price of 12.4m yen ($82,680) per Bitcoin, costing approximately 1.998b yen ($13.2m). This purchase follows the issuance of 2b yen ($13.3m) in zero-interest ordinary bonds earmarked for purchasing additional Bitcoin. Additionally, the company had acquired 696 BTC using proceeds from previously sold cash-secured put options.

Is Binance Losing Its Grip? Bitcoin Flows Reveal Key Market Shifts

After experiencing a bearish trend earlier in the week, Bitcoin (BTC) regained upward momentum, starting the day with a 2.1% rise and currently trading above the $84,000 mark. Despite this, Bitcoin remains subject to fluctuating market conditions. An interesting trend has emerged in exchange flows signaling investor behavior, according to a recent analysis by CryptoQuant’s Joao Wedson.

Public Firms Turn Balance Sheets Into Bitcoin Vaults

Gamestop has closed its $1.5 billion capital raising exercise and may use part of the funds to buy Bitcoin. Metaplanet has added 160 BTC to its treasury, bringing its total to 4,206 BTC. Additionally, Bitcoin mining company MARA Holdings is launching a $2 billion stock offering to buy more BTC. These moves indicate growing institutional interest in crypto assets.

Bitcoin Monthly Close Keeps Bullish Momentum Alive

According to a recent post by noted crypto analyst Titan of Crypto, Bitcoin (BTC) closed its March 2025 monthly candle just above the 38.2% Fibonacci retracement level, keeping the bullish scenario intact for the leading digital asset. Despite starting the year sluggishly, BTC closed the first quarter of 2025 on a strong note, reinforcing its bullish outlook. Fibonacci retracement levels are horizontal lines used in technical analysis to identify potential support and resistance levels based on the key Fibonacci sequence ratios.

What does Bitcoin’s ‘Halving’ event mean?

Introduction to ARI Wallet: Ari Wallet is a mobile app that uses blockchain technology and has quickly become popular since it launched on January 7, 2025. The article, however, primarily focuses on Bitcoin’s ’Halving’ event, though specific details about the event within this excerpt are not provided.