Join Our Telegram channel to stay up to date on breaking news coverage
The Bitcoin price jumped over 2% in the last 24 hours after Metaplanet announced it bought another 330 BTC and as MicroStrategy executive chair Michael Saylor hints at another Bitcoin purchase.
Following the recent gain, the crypto market leader rose from a 24-hour low of $83,976.85 to an intraday peak at $87,679.23. BTC has since retraced to trade at $87,520.03 as of 1:09 a.m. EST.
Metaplanet Adds To BTC Stockpile
Japan-based investment firm Metaplanet announced earlier today that it has purchased an additional 330 BTC, valued at $28.2 million. This marks the firm’s third Bitcoin purchase this month.
In an X post today, the company said it made the purchase at an average price of $85,605 per Bitcoin, pushing the company’s total holdings to 4,855 BTC.
Metaplanet CEO Simon Gerovich also shared the news of the latest purchase, adding that the firm has achieved a BTC yield of 119.3% year-to-date.
Metaplanet has acquired 330 BTC for ~$28.2 million at ~$85,605 per bitcoin and has achieved BTC Yield of 119.3% YTD 2025. As of 4/21/2025, we hold 4855 $BTC acquired for ~$414.5 million at ~$85,386 per bitcoin. pic.twitter.com/EUFSbUCOPW
— Simon Gerovich (@gerovich) April 21, 2025
Saylor Hints At Another Strategy Bitcoin Buy
As Metaplanet announces another Bitcoin buy, Saylor has once again hinted at another Strategy Bitcoin buy.
In an X post yesterday, he shared a screenshot of the SaylorTracker chart, with the caption “Insufficient Orange.”
In recent weeks, Saylor’s posts that included a screenshot of the SaylorTracker chart have been followed by an announcement of another Strategy Bitcoin buy.
Insufficient Orange. pic.twitter.com/Gz36jJELBs
— Michael Saylor (@saylor) April 20, 2025
The post follows Strategy’s most recent purchase on April 14, which saw the firm buy 3,459 BTC at an average price of $82,618, SaylorTracker shows, cementing the firm’s position as the largest corporate Bitcoin holder globally.
Since starting its aggressive BTC acquisition strategy in 2020, the firm’s investment in the largest crypto by market cap has yielded a more than 29% unrealized gain. In dollar terms, the company is sitting on more than $10.66 billion in profits.
Related Articles:
Best Wallet – Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
