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Metaplanet Announces 775 BTC Buy amid Bitcoin’s Surprise $115K Retest

Metaplanet Announces 775 BTC Buy amid Bitcoin’s Surprise $115K Retest

CoinspeakerCoinspeaker2025/08/17 16:00
By:By Parth Dubey Editor Yana Khlebnikova

Metaplanet has announced the purchase of an additional 775 BTC as Bitcoin slipped from $118,000 to $115,000 in early Monday trading.

Key Notes

  • Metaplanet has announced the purchase of $93 million worth of Bitcoin.
  • The firm now holds 18,888 BTC, worth nearly $2 billion.
  • BTC price trajectory signals potential deeper correction after wedge breakdown.

Metaplanet, often dubbed “Asia’s MicroStrategy,” has added another 775 BTC into its treasury at an average price of $120,000. Not long after this $93 million acquisition, the largest cryptocurrency slipped to the $115,000 level.

As of writing, Metaplanet holds 18,888 BTC at a cumulative value of $1.94 billion, with an average acquisition price of $102,653 per coin. The company’s BTC holdings are over 12% profit at the current market price.

Metaplanet has acquired 775 BTC for ~$93 million at ~$120,006 per bitcoin and has achieved BTC Yield of 480.2% YTD 2025.  As of 8/18/2025, we hold 18,888 $BTC acquired for ~$1.94 billion at ~$102,653 per bitcoin. $MTPLF pic.twitter.com/9r1law8jyH

— Simon Gerovich (@gerovich) August 18, 2025

Metaplanet President Simon Gerovich announced on X that Metaplanet has achieved a 480.2% year-to-date BTC yield in 2025.

The company’s stock has been rising alongside its growing Bitcoin yield, suggesting investor confidence in its Bitcoin-centric strategy. At the time of publication, shares reached 900 yen, up by around 300% in the past six months.

The announcement came shortly after Metaplanet’s Q2 earnings report , which highlighted revenue growth of 41% quarter-on-quarter, reaching $8.4 million.

Growing Bitcoin Corporate Holdings

Much of Metaplanet’s success is attributed to its steady accumulation of Bitcoin and innovative financial initiatives. The firm plans to hold 30,000 BTC by the year-end and 1% of the total Bitcoin supply by 2027.

Notably, the crypto market has recently recorded a significant growth in corporate Bitcoin adoption. As per the data by BitboTreasuries , publicly traded firms collectively hold over 935,000 BTC, or about 4.45% of the total BTC supply.

MicroStrategy, now rebranded as “Strategy,” leads the pack, holding a total of 628,946 BTC.

BTC price chart with volume | Source: Trading View

BTC Price Rising Wedge Breakdown

Meanwhile, Bitcoin analysts are hinting at short-term caution. The daily chart confirms a rising wedge breakdown that had been forming since April. Analyst Captain Faibik pointed to the first key support zone at $110,000–$112,000.

$BTC Rising Wedge Breakdown is Confirmed on the Daily TF Chart..✅

📉 Potential Targets if breakdown continues:

First Support: 110k – 112k

Next demand zone: 105k – 108k

Extreme Bearish flush could eye 98k – 100k Psychological level #Crypto #Bitcoin #BTC pic.twitter.com/txuB5Bhjfa

— Captain Faibik 🐺 (@CryptoFaibik) August 18, 2025

Captain Faibik also hinted at a deeper breakdown near $105,000–$108,000 in case of high selling pressure around support. In a worst-case bearish flush, Bitcoin could revisit the $98,000–$100,000 psychological level, according to them.

Bitcoin is currently facing heightened volatility after failing to hold the key $118,000 level. It is trading around $115,200 , down 2.45% over the past 24 hours.

Bitcoin Hyper Captures Investor Attention

Bitcoin Hyper is designed to address some of Bitcoin’s most common hurdles, including slow transaction throughput, high fees, and the lack of built-in smart contract support. The project’s goal is to enhance scalability within the BTC ecosystem through a specialized, high-performance Layer 2 infrastructure.

Its design channels transactions through an enhanced virtual machine, enabling faster and cheaper execution before finalizing settlement on Bitcoin’s base layer for security. This dual-layer approach allows Bitcoin Hyper to combine efficiency with the trust of the Bitcoin network.

HYPER Tokenomics Overview

The HYPER token serves as the network’s utility asset, covering transaction costs and enabling staking opportunities. It also unlocks access to advanced features within the ecosystem, making it central to Bitcoin Hyper’s functionality.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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