Metaplanet became the first non- US Bitcoin treasury to hold a whopping 17,132 Bitcoins. It has topped the 10 corporate Bitcoin treasury charts.  The company’s latest purchase involved acquiring Bitcoin at an average price of 17,520,454 Japanese yen per coin, which is approximately $118,145. This recent acquisition cost Metaplanet around $92 million. Metaplanet has spent $1.7 billion to buy Bitcoin with an average cost of $99,640 per Bitcoin. According to Nansen data, Bitcoin was trading at $118,171, which is slightly above Metaplanet’s latest purchase price. Bitcoin’s value has increased by 0.75% over the last 24 hours. As per sources, the…

Japan’s Tokyo-listed artificial intelligence firm Quantum Solutions, in an official statement, has announced plans to invest millions of dollars in Bitcoin through a Hong Kong-based subsidiary.  This decision is bold considering the firm is currently in hot water; however, it resembles a pattern among financially distressed companies to pivot to digital assets as a way to stabilize their shaky financial standing. According to the report, Quantum Solutions is scheduled to carry out the crypto strategy through its little-known subsidiary, GPT Pals Studio to acquire up to 3,000 BTC over the next 12 months.  The phased investment plan begins with an…

A long-inactive Bitcoin whale from the Satoshi era has recently transferred over $1.1 billion worth of BTC to centralized exchanges, sparking fears of a possible market dip during the typically quiet weekend trading hours. This whale, who has been holding Bitcoin since 2011, first moved 40,000 BTC, valued at over $4.6 billion, on July 15. A second transfer of another 40,000 BTC followed on July 18 to Galaxy Digital. According to blockchain analytics firm Lookonchain, Galaxy Digital has since sent more than 10,000 BTC, around $1.18 billion, to major exchanges such as Binance, Bybit, Coinbase, OKX, and Bitstamp. These massive…

Strategy is the world’s largest corporate Bitcoin Treasury holder. In a move to further accelerate its accumulation of Bitcoin by drawing in more fiat capital, the firm has announced the launch of a new stock offering which will function like a synthetic stablecoin.  The company revealed plans to offer 5 million shares of a new financial instrument: the Variable Rate Series A Perpetual Stretch Preferred Stock.  Each share (with the ticker “STRC”) will carry a stated value of $100 and will pay a cumulative variable dividend, initially set at an annualized rate of 9%, paid monthly. According to Strategy’s filing…

SpaceX has transferred 1,308 Bitcoin, valued at around $153 million, in its first on-chain transaction in three years. Blockchain analytics firm Arkham Intelligence flagged the movement, which involved consolidating BTC from 16 Pay-to-Public-Key-Hash (P2PKH) addresses into a single SegWit-compatible address (P2WPKH). This type of transfer can help simplify fund management and reduce future transaction fees. The reason behind the move hasn’t been confirmed, but the method suggests a planned adjustment rather than a sudden reaction. SpaceX, founded by Elon Musk in 2002, first revealed its Bitcoin holdings in July 2021 alongside Tesla, as part of a broader strategy to diversify…

Economist Peter Schiff on Sunday praised the UK’s reported plan to sell nearly $6.7 billion worth of seized Bitcoin, calling it a smart move to reduce the country’s budget deficit. Reacting to a report by The Telegraph on X, Schiff supported UK Chancellor Rachel Reeves’ idea of offloading the Bitcoin stash recovered by law enforcement to help close the fiscal gap. Schiff took the opportunity to mock Bitcoin supporter Michael Saylor, hinting that his company, MicroStrategy, might be interested in buying the seized Bitcoin. “For once, the Brits might actually get something right. I hope the U.S. doesn’t buy it…

Prominent Bitcoiner and Real Bedford FC owner Peter McCormack says he will personally fund a private security initiative in his hometown of Bedford, citing the growing failure of local police to address rising crime rates McCormack, a well-known cryptocurrency podcaster, said the move is a response to increased incidents of public disorder, including drug-related activity, aggressive begging, shoplifting, and harassment of particularly women and families.  “As I promised, if the police won’t keep the town safe for our women and children, I will.” McCormack McCormack plans to deploy a team of 10 private security guards to patrol the town center…

Michael Saylor the executive chairman of MicroStrategy says Bitcoin is a transformative financial asset  for publicly traded companies. On a social media post on  X, he said, “ For the first time in a hundred years, there’s a capital asset, other than Treasury bills, that you can use to capitalize a publicly traded company on, that’s liquid.” “Bitcoin is a digital commodity, a digital scarcity. And theoretically, if you think through the implications of having a digital commodity that you capitalize a public company on, if it outperforms the S&P and is more volatile than the S&P, then you will…

Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad’, predicts that a major correction across asset markets is on the horizon  and that Bitcoin may not be spared. Kiyosaki expresses caution on Bitcoin, gold, and silver and says the financial bubbles may soon burst. “Bubbles are about to start busting,” Kiyosaki wrote, adding that when they do, “odds are gold, silver, and Bitcoin will bust too.”  Robert Kiyosaki on X  However, Kiyosaki also says that he sees the downturn as a buying opportunity, suggesting he plans to re-enter the market once prices drop. Kiyosaki’s remarks contradict…