Metaplanet Buys Significant Amount of Bitcoin Once More on a Regular Weekday
In the world of cryptocurrency, two major players, Metaplanet and MicroStrategy (formerly known as Strategy), have been making headlines with their continued Bitcoin purchases.
Metaplanet, a company with ambitions to amass 210,000 BTC by the end of 2027, has made significant strides towards its goal. As of recent, Metaplanet has accumulated 15,555 BTC, representing a 51.9% progress towards its 2025 target of 30,000 BTC.
On July 7, Metaplanet made a significant purchase of 2,205 BTC, valued at approximately $238.7 million. This purchase has contributed to the market-wide positive momentum, with Bitcoin currently trading at $109,000.
Meanwhile, MicroStrategy has been on a streak of 12 consecutive weekly Bitcoin purchases since April 14. However, as of early July, the company reported no Bitcoin acquisitions between June 30 and July 6, 2025. This pause in the streak has sparked speculation within the crypto community about a potential 13th consecutive week of Bitcoin accumulation by MicroStrategy.
Michael Saylor, the chairman of MicroStrategy, has expressed support for Metaplanet's latest BTC purchase. The average price of each BTC purchased by Metaplanet was $108,237, which is still below the $100,000 mark, a significant milestone in the Bitcoin market.
As the weekend approaches, crypto traders and investors are reportedly preparing for another buying frenzy. The expectations of another Bitcoin accumulation by MicroStrategy have added to the market's positive sentiment.
At the time of writing, there has been no confirmation of a new Bitcoin purchase by MicroStrategy. The total value of Metaplanet's BTC holdings currently stands at $1.69 billion.
In other news, a user has asked MicroStrategy if it will continue its Bitcoin buying spree for the 13th consecutive week. As we await MicroStrategy's response, the cryptocurrency market continues to watch with bated breath.
Investors and traders in the technology-driven cryptocurrency sector are keeping a close eye on two major companies, Metaplanet and MicroStrategy, known for their sustained Bitcoin investments. Metaplanet, aiming to own 210,000 BTC by 2027, has ventured into the world of finance by steadily investing in Bitcoin, with their latest purchase valued at approximately $238.7 million. Meanwhile, Michael Saylor, the chairman of MicroStrategy, has expressed support for Metaplanet's recent Bitcoin investment strategy, adding to the anticipation within the crypto community about MicroStrategy's potential 13th consecutive week of Bitcoin acquisitions.
