Strategy and MetaPlanet Add to Their BTC 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.