Transaction URL: https://etherscan.io/tx/0x9120e7e5a10382a152f22510469df482d256ca63930d6085c56b458849daa767
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Japanese investment firm Metaplanet has added 330 Bitcoin to its portfolio bringing its total to 4855 BTC. The latest purchase was made at an average price of ¥12.18 million or about $85605 per Bitcoin totaling roughly ¥4.02 billion or $26 million. Metaplanet’s Bitcoin is now valued at ¥62.17 billion or $414 million.
The company tracks its performance using a metric called BTC Yield which currently stands at 12.1 percent for this quarter. In previous quarters it reached as high as 309.8 percent. Metaplanet has used capital market tools like zero-interest bonds and stock rights to fund its Bitcoin buying spree. Over ¥35 billion or $226 million has been raised so far.
Metaplanet plans to buy even more aiming to hold 10000 Bitcoin by the end of 2025 and 21000 by 2026. This would give the company control of nearly one percent of Bitcoin’s total supply solidifying its position as Asia’s largest corporate Bitcoin holder.
Leading cryptocurrencies rose on Sunday evening following weeks of sideways price action, while stock futures dipped.
CryptocurrencyGains +/-Price (Recorded at 8:30 p.m. ET)Bitcoin BTC/USD1.93%$87,151.15Ethereum ETH/USD -0.22%$1,607.66Dogecoin DOGE/USD +1.60%$0.1591
What Happened: Bitcoin breached the $86,000 barrier to touch $87,000 for the first time in nearly three weeks. The apex cryptocurrency’s breakout spurred a similar price action for Dogecoin.
Ethereum, on the other hand, failed to generate momentum, as the second-largest cryptocurrency remained in the $1,600 range.
Bitcoin’s monthly gains reached nearly 3%, in stark…
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Charles Schwab is set to offer spot crypto trading within the next year as the firm gears up to expand its digital asset services. CEO Rick Wurster confirmed the move during Schwab’s 2025 Spring Business Update stating that the company is on track and waiting for a more favorable regulatory environment.
Schwab already offers crypto-linked ETFs and Bitcoin futures but plans to enter the spot trading market to meet rising investor demand. The company has seen a 400% surge in traffic to its crypto web pages with 70% coming from potential new clients. Wurster believes Schwab’s strong reputation and tools make it a top choice for crypto investors.
Earlier this year Schwab partnered with Trump Media and Technology Group to launch Truth.Fi a fintech platform focused on patriotic investments. The venture includes up to $250 million in assets with plans to offer Bitcoin and other crypto securities. Schwab will manage custody and strategy for the new platform.