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Crypto Trends

Microstrategy Japan? Metaplanet buys 68 BTC to pay 6.6 million dollars

Metaplanet Inc. The company listed in Tokyo has announced that 68 Bitcoin (BTC) obtained for about $ 6.6 million, which enhances the strategy of the accumulation of aggressive bitcoin.

With this last purchase, the total bitcoin metaplanet possesses 2,100 BTC, at a value of more than $ 200 million at current market prices. This makes it one of the most prominent bitcoin coins in Asia, after a path similar to the Nasdaq: MSTR in the United States

Bitco Bitcoin Bold’s Metaplanet Strategy reflects Playbook Microstrategy

Metaplanet has placed itself as “Microstrategy in Japan”, which benefits from bitcoin as a backup asset to push corporate growth. The company initially adopted the bitcoin standard in April 2024, which has since led to the gains of liquefied shares and increased the interest of investors.

The main developments in the Bitcoin accumulation plan include Metaplanet:

  • November 2024: It issued 1.75 billion yen ($ 11.3 million) in bonds for bitcoin.
  • January 2025: He declared a “21 million plan”, with the aim of becoming the largest bitcoin holder in Asia, with an increase of 16.65 billion yen.
  • February 2025: The last purchase of 68 BTC at an average price of 96335 dollars per BTC, which enhances the long -term BTC holdings.

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Since the Bitcoin standard, metaplanet has seen remarkable growth. We benefit from this momentum to unify our site as the leading Bitcoin company in Japan and one of the best Bitcoin holders in the world.

Bitcoin & metaplanet

At the time of this report, Bitcoin (BTC) is traded at 97,250 dollars, which reflects a daily increase of 1 % and an increase of 1.4 % during the past week.

At the same time, Metaplanet’s shares outperformed BTC:

  • +2.8 % in the last trading session
  • +3.45 % during the past five days
  • +27.5 % during the past month
Metaplanet inc. Today’s share price is February 21, 2025

This momentum indicates an increase in the investor’s confidence in the Metaplanet strategy that focuses on Bitcoin, which reflects the success of Microstrategy, which witnessed the high price of his share along with Bitcoin.

Technical analysis metaplanet

Home price levels

  • Current Price: 6,210 JPY
  • Immediate support levels: 5,580 JPY, 4,955 JPY, 4,275 JPY
  • Main Resistance levels: 6,560 JPY, 7,230 JPY

Technical indicators

  • RSI: RSI:
    • Currently at 66.65, close to the peak area (70+).
    • A possible correction can occur before the next upward leg.

Is metaplanet stock purchase?

Bitcoin rapid accumulation of metaplanet and strong arrow performance makes it an attractive investment for bulls. By increasing the Ministry of Treasury and Strategic Capitalism that resemble institutional institutions, the company itself strengthens the leading Bitcoin cup in Asia.

For investors seeking to be bitcoin across traditional stock markets, metaplanet (Tse: 3350) appears as a higher selection, in the footsteps of Microstrategy.

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