- Tokyo-based Metaplanet purchased 319 BTC for 3.78 billion yen ($26.3 million), bringing its total holdings to 4,525 BTC.
- The company aims to increase its Bitcoin reserves to 10,000 BTC by the end of the year—a 470% boost from current levels.
- Bitcoin dropped 2% amid U.S.-China trade tension, though it recovered to $84,990 by Monday, while Metaplanet has appointed Eric Trump to its Strategic Advisory Board.
Tokyo-listed Metaplanet has acquired additional Bitcoin worth 3.78 billion yen ($26.3 million) as U.S.-China trade tensions escalate. The firm, often referred to as "Asia’s MicroStrategy," purchased 319 BTC at an average price of 12,849,780 yen ($82,549) per coin, expanding its total holdings to 4,525 BTC, according to an official company statement.
The Japanese company has announced plans to significantly expand its cryptocurrency reserves, targeting a total of 10,000 BTC by the end of 2025. This represents a planned 470% increase from current levels, reinforcing the firm’s commitment to Bitcoin as a core treasury asset.
Market Fluctuations Amid Trade Tensions
The timing of Metaplanet’s purchase coincides with volatility in digital asset markets. Bitcoin experienced a more than 2% decline on Sunday during Asian trading hours, falling to $83,482 as investors processed conflicting signals about U.S. trade policy toward China.
Despite the cryptocurrency market’s cautious response, traditional markets showed resilience. Nasdaq 100 futures rose over 1% in early trading, while S&P 500 futures climbed 0.7%. By early Monday at 1 a.m. ET, Bitcoin had recovered slightly, trading at $84,990—up 0.4% over 24 hours, according to CoinGecko.
President Trump clarified on Sunday that while smartphones and semiconductors were temporarily excluded from a proposed 10% "reciprocal" tariff, these products would remain subject to a separate 20% national security levy. Commerce Secretary Howard Lutnick indicated that additional sector-specific tariffs are expected within two months.
Strategic Positioning in Crypto Markets
Metaplanet has strengthened its Bitcoin strategy by appointing Eric Trump, son of the U.S. president, to its newly formed Strategic Advisory Board last month. The company cited his "business expertise and passion for Bitcoin" as key factors in the appointment.
The company is modeling its approach after MicroStrategy, whose aggressive Bitcoin accumulation under Michael Saylor has influenced numerous publicly traded companies to adopt similar strategies.
Meanwhile, the Trump administration has established two initiatives related to digital assets: a Strategic Bitcoin Reserve using seized BTC held as a permanent national asset, and a U.S. Digital Asset Stockpile comprising other confiscated cryptocurrencies that could be liquidated or used strategically.
Ethereum also showed positive movement amid the market adjustments, rising 1.8% to $1,638 over the same period, while most top cryptocurrencies by market capitalization posted slight gains or remained stable.
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