Bitcoin Eyes ‘Massive Breakout’ As Metaplanet And Strategy Double Down On BTC Buys
Bitcoin bulls are buzzing after Japan-based investment firm Metaplanet snapped up another 1,004 BTC—its second-largest purchase to date—just as Strategy executive chairman Michael Saylor hinted at yet another massive buy. The back-to-back accumulations come after Bitcoin posted its highest-ever weekly candle close at $106,500, just 3% shy of its all-time high. Analyst Crypto Rover on X says the momentum could signal a “massive breakout” is imminent. Metaplanet’s $104.3 million buy brings its total holdings to 7,800 BTC, fortifying its position as Asia’s largest corporate holder and the 11th biggest globally, according to BitcoinTreasuries. The Japan-based investment firm had also bought 1,241 BTC just a week ago. Metaplanet bought its latest BTC at an average price of $103,873, CEO Simon Gerovich said in a post on X. Metaplanet has acquired 1004 BTC for ~$104.3 million at ~$103,873 per bitcoin and has achieved BTC Yield of 189.1% YTD 2025. ...