Japanese Metaplanet Plans to Acquire 21,000 Bitcoin Under New Strategy

Japanese firm Metaplanet has introduced an extensive Bitcoin acquisition plan spanning 2025-2026. The Bitcoin Treasury Company aims to secure 10,000 Bitcoin by the close of 2025 and increase holdings to 21,000 Bitcoin by the end of 2026. Notably, it seeks to reinforce its standing among the world’s largest corporate Bitcoin holders. This initiative follows substantial … Read more

Alabama Man Pleads Guilty in SEC X Account Hack

An Alabama man has pleaded guilty to his role in the high-profile hack of the US Securities and Exchange Commission (SEC)’s X account (formerly known as Twitter), spreading false information about the launch of the first-ever spot Bitcoin exchange-traded funds (ETFs) approval.  Eric Council Jr. admitted in a Washington court to conspiring to commit aggravated … Read more

Ticking Clock: Institutional Bitcoin Supply Dwindles as Holders Tighten Their Grip

As bitcoin hovers just above $97,000 per unit, conversations are intensifying over the possibility of a future supply squeeze. On Monday, digital asset manager Bitwise highlighted a crucial reality: if corporations and governments seek to acquire substantial quantities of BTC, they will need to persuade current holders to part with their assets—a task that may … Read more

Strategy Acquires 7,633 BTC for $742.4 Million Amid Ongoing Market Uncertainty on Bitcoin Investment

In a significant move, Strategy (formerly MicroStrategy) has reaffirmed its commitment to Bitcoin by purchasing 7,633 BTC for $742.4 million, signaling ambitious future plans. The strategic investment by BlackRock, increasing its stake in Strategy to 5%, reflects bolstered confidence in the company’s sustained accumulation of Bitcoin. Michael Saylor, CEO of Strategy, highlighted that despite speculative … Read more