Japan's Metaplanet Acquires 319 Bitcoin, Targets 10,000 BTC Amid Tariff Tensions

Japan-based Metaplanet has acquired an additional 319 Bitcoin (BTC) worth approximately ¥3.7 billion ($26.3 million), bringing its total holdings to 4,525 BTC. The purchase was made at an average price of ¥12,849,780 ($82,549) per Bitcoin.

The Tokyo-listed firm, often compared to MicroStrategy for its aggressive Bitcoin accumulation strategy, aims to increase its holdings to 10,000 BTC by the end of 2025. This recent acquisition comes as Bitcoin dropped 2% during Asia trading hours amid geopolitical tensions and conflicting signals from Washington on U.S. trade tariffs.

Metaplanet has positioned Bitcoin as its core treasury asset and continues to expand its holdings. The company recently appointed Eric Trump to its Strategic Advisory Board and has undergone a stock split to attract a broader investor base. Additionally, the U.S. government has launched initiatives like the Strategic Bitcoin Reserve and Digital Asset Stockpile, reflecting broader institutional interest in cryptocurrencies.

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