After a week-long break, Strategy co-founder Michael Saylor signaled the company’s return to aggressive Bitcoin buying. This move comes just as Japanese firm Metaplant makes another big purchase as well.
Saylor, who’d previously overseen 12 consecutive weeks of $BTC buys, hinted at starting again in a social media post.
The strategic buying spree is funded by debt and equity, a smart tactic that’s helping Strategy stay on top as one of the biggest corporate Bitcoin holders.
Right on cue, Metaplanet, an up-and-coming star in the Bitcoin treasury game, announced its own significant purchase. The Japanese investment firm snagged an additional 797 $BTC for around $93.6M, pushing its total holdings to 16,352 $BTC.
Metaplanet CEO, Simon Gerovich, confirmed the buy, sticking to his ‘another week, another tranche’ motto. This latest move cements its spot as the fifth-largest publicly traded corporate Bitcoin holder.
This dynamic has some analysts talking about a potential supply shock, though others are wary of the long-term risks of debt-fueled corporate buying. As more and more interest pours in, the big companies are increasingly calling the shots in the market and shaping Bitcoin’s future.
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The surge in corporate $BTC buying from players like Strategy and Metaplanet is creating a supply squeeze. While this could drive prices up, it also shines a light on Bitcoin’s scalability problems.
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