Home Bitcoin Japan’s Metaplanet Buys Additional $26M In Bitcoin Amid US Trade Tensions

Japan’s Metaplanet Buys Additional $26M In Bitcoin Amid US Trade Tensions

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Metaplanet, a publicly traded company in Tokyo often referred to as “Asia’s MicroStrategy,” has expanded its Bitcoin holdings with a new purchase worth 3.78 billion yen (approximately $26.3 million).

The acquisition, disclosed this week, comes as global markets brace for potential fallout from the US government’s shifting trade stance toward China.

According to the company, it acquired 319 BTC at an average price of 12.85 million yen ($82,549) per coin. This brings its total Bitcoin holdings to 4,525 BTC.

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Metaplanet Targets 10,000 BTC by Year-End in Aggressive Accumulation Strategy

Metaplanet has outlined an ambitious goal to increase its Bitcoin reserves by 470%, aiming to reach 10,000 BTC before the end of the year.

The investment was made amid growing uncertainty surrounding US trade tariffs. Over the weekend, Bitcoin dipped more than 2% during Asia trading hours, dropping to $83,482 as markets reacted to mixed messages from the Trump administration about its tariff strategy.

While electronics such as smartphones and semiconductors were temporarily excluded from a planned 10% tariff, President Trump clarified via Truth Social that the same products will instead face a 20% levy under national security provisions.

Despite the geopolitical unease, traditional equity markets remained firm. Nasdaq 100 futures rose over 1% in early Monday trading, while the S&P 500 futures saw a 0.7% gain. In the crypto sector, Bitcoin was up 0.4% to $84,990, while Ether rose 1.8% to $1,638, according to CoinGecko.

Metaplanet has become one of Asia’s most vocal corporate Bitcoin advocates. The company recently appointed Eric Trump, son of US President Donald Trump, to its newly established Strategic Advisory Board, citing his experience in business and growing interest in Bitcoin.

The firm’s strategy mirrors that of US-based MicroStrategy, led by Bitcoin proponent Michael Saylor, whose aggressive accumulation model has influenced several publicly listed firms.

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Trump Administration Launches Strategic Bitcoin Reserve and Digital Asset Stockpile Initiatives

Meanwhile, the Trump administration launched two related national initiatives. A Strategic Bitcoin Reserve, using seized BTC as a long-term asset, and a Digital Asset Stockpile, which includes other confiscated cryptocurrencies for strategic use or future liquidation.

The adoption of Bitcoin has also found momentum in the US. According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states, with 41 currently active.

Last week, both New Hampshire and Florida advanced bills aimed at allowing their respective governments to hold Bitcoin as part of their financial reserves.

On the same day, Florida’s House Insurance and Banking Committee unanimously passed HB487, a bill that would allow the state’s Chief Financial Officer and the State Board of Administration to invest up to 10% of select funds into Bitcoin.

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Key Takeaways

  • Metaplanet has expanded its Bitcoin holdings with a $26.3 million purchase, bringing its total to 4,525 BTC.
  • The company aims to reach 10,000 BTC by year-end, mirroring MicroStrategy’s aggressive accumulation strategy.
  • The move comes amid rising geopolitical uncertainty and renewed US interest in Bitcoin through federal and state-level reserve initiatives.

The post Japan’s Metaplanet Buys Additional $26M In Bitcoin Amid US Trade Tensions appeared first on 99Bitcoins.





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