In recent developments within the cryptocurrency sector, MicroStrategy has begun 2025 with a significant investment, acquiring 1,070 Bitcoins over the last two days of 2024 as announced on January 3. This purchase, reportedly made for approximately $101 million, was made at an average price of $94,004 per Bitcoin, according to a filing with the U.S. Securities and Exchange Commission. This recent acquisition aligns with previous strategies of the company, utilizing funds raised through the issuance and sale of shares under a convertible notes sales agreement.
Meanwhile, Metaplanet, often referred to as Japan’s MicroStrategy, has revealed ambitions to expand their Bitcoin holdings significantly. The Tokyo-based venture capital firm aims to increase its reserve fivefold to 10,000 Bitcoins by 2025. This move comes as analysts predict a bullish market trend that could drive Bitcoin prices beyond $200,000. Currently, Metaplanet holds 1,762 Bitcoins totaling an estimated $173.4 million from various acquisitions.
Metaplanet CEO Simon Gerovich expressed the firm’s goal to enhance Bitcoin adoption both in Japan and globally and to expand Metaplanet’s influence within the Bitcoin ecosystem. The strategy involves leveraging advanced capital market tools to reach their target acquisition.
Additionally, MicroStrategy’s co-founder Michael Saylor has hinted at another imminent Bitcoin purchase through a social media post showcasing the SaylorTracker chart, which records the company’s Bitcoin acquisitions over time. This follows MicroStrategy’s ongoing efforts to secure $42 billion in Bitcoin, balancing $21 billion in equity and $21 billion in fixed-income securities.
