Corporate Bitcoin Bets Continue

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Hey crypto trailblazer, 👋

Two big treasury moves made headlines this week. Michael Saylor’s firm continued its steady bitcoin accumulation, while Japan’s Metaplanet went even further with a bold expansion plan. Let’s break it down.

💼 Michael Saylor’s Strategy Buys Another 1,955 BTC

Key points:

• Strategy Inc. purchased 1,955 bitcoin worth about $217 million.

• This latest buy reinforces Saylor’s reputation for doubling down on bitcoin through thick and thin.

• Large-scale purchases like this tighten available supply and can influence market sentiment.

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🌍 Metaplanet Ramps Up Bitcoin Grab

What’s happening:

• Tokyo-listed Metaplanet added 136 BTC, taking its total holdings above 20,000 bitcoin valued at just over $2 billion.

• The company also approved a plan to raise nearly $900 million through new shares, with the funds earmarked for more bitcoin purchases.

• Longer term, Metaplanet has floated an ambitious target of acquiring over 210,000 BTC by 2027.

• Such aggressive corporate adoption highlights the growing role of bitcoin in global treasury strategies.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.