Metaprenet investment companies listed in Tokyo have purchased another Bitcoin (BTC). This has accumulated more money in assets that Hoddlear famous countries (invest in long-term currency) have El Salvador.
The company announced on Monday, May 12th, adding 1,241 BTC to the Ministry of Finance, spending 18.4 billion yen (JPY), worth $126 million (USD).
The acquisition will increase total Metaplanet holdings to 6,796 BTC. Currently, Bitcoin is cited around US$104,000, so the company’s bookings are valued at over US$706 million.
The size of this investment is located above El Salvador and already has a total of 6,174 BTC due to the strategy of buying one bitcoin a day and sometimes buying more money.
However, the acquisition did not climb the ranking step of companies cited in the stock market that won more BTC worldwide. It remains in 11th place just below the Bitcoin Block mining company, and a total of 8,485 BTC accumulates.
However, the location of Metaplanets in the rankings may change soon. The goal is to have 10,000 BTC by the end of 2025. This will take you to the nine companies cited in the stock market with more Bitcoin, according to the current rankings shown below.
Metaprenet, cited in Asia with more bitcoin, is known in the ecosystem as the “Japanese micro-strategy” because it continues its strategic investment model (previously micro-strategy). The system consists of issuing shares to buy Bitcoin, which can contribute to the rise in both the currency and its stock price.
The strategy, which announced the new acquisition of 13,390 BTC on Monday, is a public company with more Bitcoin worldwide. Its total accumulation is currently at 568,840 BTC, exceeding USD 59.2 billion.
More and more companies are using fundraising strategies, such as issuing stocks to invest in Bitcoin. Among the latest announced new purchases are Semler Scientific and Twenty One Capital, Anap Holdings, Smarter Web Company, Bergfahrten, Strategy and Metaprenet.
As Cryptoics reports, interest in Bitcoin will also increase at the government level. “We want to overcome El Salvador and become the world’s most pro-bitcoin country,” Australian MP John Ladduk recently said.
Purchase of Bitcoin as an in-facility property will increase the price
The increased adoption of Bitcoin as a strategic asset between companies and potentially countries is positive for prices due to the greater legitimacy given to the currency and the large amount of demand it generates. These large acquisitions reduce the amount of BTC available in the market and put bullish pressure on prices.
Furthermore, public companies can communicate new purchases, which will generate institutional validation of media care and assets, attract new investors, and strengthen the Bitcoin story as a value preparation.
That’s the reason This growing trend serves as a key element of long-term Bitcoin appreciationin addition to those from retailers, add as a source of demand.
The new purchase of the strategy was priced per bitcoin at USD 99,856, while Metaprenet was USD 102,200. This represents the most expensive acquisitions he has made for currency for the Japanese company since he began investing in the market in April 2024.
The fact that such companies are willing to buy at these levels It is not only that long-term bullish belief, but also hopes that Bitcoin has not yet touched the roof in this cycle.
This Monday, Bitcoin prices reached US$105,000, the highest level in over two months. This will approach the US$109,000 historical record registered three months ago, as the following graphs will be exhibited.
Adoption of Bitcoin is risky as a business strategic reserve
Despite its potential benefits, adoption of Bitcoin as a corporate and government reserve asset also carries risks related to both its finances and markets.
A strong vibration in Bitcoin prices can create significant volatility in the financial balance of these actors, especially when the exhibition is not properly managed. In this sense, If the market enters a long-term revision phase, they may need to sell their holdings at shelters.
Furthermore, companies with large BTC reservations may face shareholder sales pressure, particularly if valuation losses have a negative impact on financial results. Second, this could lead to a massive departure from their actions, putting the need to settle their Treasury Department at risk.
Even if the price is positive, Investors with large Bitcoin Holdings could be a strong bear pressure if they decide to make a profit.
Therefore, while increasing purchases from large investors are a priori positive for prices, it is important to consider the risks of whether they will ultimately become a seller.