Metaplanet takes advantage of Bitcoin’s fall with a new purchase

The Japanese investment company, Metaplenet, increased its Bitcoin (BTC) holdings amid the price setback experienced by this currency.

As reported Monday, April 14, bought 319 BTC at an average price of $ 82,549 (USD) by currency. This sum implied an investment of 3,780 million yen (JPY), equivalent to USD 26.3 million dollars (USD).

“This acquisition reflects our continuous strategy to adopt Bitcoin as the main active of Treasury in an uncertain global economic environment,” said the company in the announcement.

With this operation, Metaplenet accumulates a total of 4,525 BTC in its balance. This He maintains it as the tenth company quoted in the bag with more bitcoin in the world.

For now, Metaplenet is one of Bitcoin’s main referents of corporate adoption in Asia. Well, it is the company quoted with more bitcoin of said continent.

Metaplenet has chosen to replicate Strategy’s investment approach (former Microstrategy), an American company led by Michael Saylor. This consists of issuing corporate bonds to finance the systematic purchase of Bitcoin, strengthening the appreciation of the currency and its actions.

Strategy also buys more bitcoin

Saylor’s company, which today also announced a new purchase – according to the closing of this publication – is the company quoted with more bitcoin around the world. With its last acquisition of 3,459 BTC to USD 82,618 per currency, it has a total of 531,644 BTC.

The following table shows the ranking of the corporations quoted with more holdings in La Moneda, not counting the most recent purchase of Strategy.

Strategy’s investment strategy has been adopted by a growing number of traded companiesespecially before the sustained devaluation of the FÍAT currencies product of monetary policy at the discretion of the government on duty.

Since Bitcoin has a fixed supply, with an issue defined per year through its mining, its price is appreciated before the demand. Therefore, multimillion -dollar purchases such as the recent metaplast contribute to its price increase.

Bitcoin’s presence in Metaplenet’s treasury has been reinforced with the incorporation of Eric Trump last monththe son of the US president, Donald Trump, to the new strategic advisory council of the company. The appointment for his “business experience and passion for Bitcoin” was justified.

The company’s initiative coincides with the steps of Trump’s presidency, which has created a strategic Bitcoin reserve, made up of those seized by the State. In addition, there is a bill presented at the United States Congress that proposes that the Government buy 1 million BTC over the next five years.

The “Japanese Strategy” will continue to press Bitcoin upwards this year

Metaplanet plans to expand its Bitcoin holdings by 470%with the aim of reaching 10,000 BTC by the end of 2025. Therefore, it will continue to function as a source of demand that it presses to the price of upward currency.

The new acquisition that made known occurred while BTC remains quoting around 25% less than its historical USD 109,000 reached two months ago, as the next graph exhibits.

In this sense, The company reflects with its new investment its bullish conviction on the price of Bitcoinagainst the current bearish fears in the middle of the macroeconomic environment.

The tariffs that Trump put to imports in the United States have generated expectations of recession and greater inflation in the country. Given this, the markets considered risk, such as actions and cryptocurrencies for their high volatility, remain in a corrective period of the historical maximums they recorded this year.

Although, an environment in which the purchase of Bitcoin increases as “digital gold” against inflation driven by actors such as Metaplanet contributes to its price to win strength against market adversities.