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Bitcoin’s price retreated below $115,000 on Monday as two major corporate buyers, Strategy and Metaplanet, announced additions to their Bitcoin treasuries, highlighting the growing trend of institutional accumulation despite market volatility.
Metaplanet, the Tokyo-listed company, acquired 775 BTC for approximately $93 million at an average price of $120,006 per coin, bringing its total holdings to 18,888 BTC acquired for $1.94 billion. The purchase maintains the company’s position as the seventh-largest corporate Bitcoin holder, with an average acquisition cost of $102,653 per Bitcoin across all purchases.
“Metaplanet now hold ~$2.18 billion in $BTC against just ~$0.12 billion…
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