Earlier today, Metaplanet announced that it purchased more Bitcoin amid Bitcoin dip and volatility. Notably, its stock jumped 14% following the announcement. This purchase comes amid recent BTC price drops and broader market volatility, influenced by Trump’s tariffs.
Bitcoin has recovered more than 4.5% from a dip to $83,000 earlier this week. Despite ongoing market volatility, partly driven by Trump’s tariffs, which led to a broader market decline, Bitcoin is now showing signs of stability. Investors hope for a continued recovery in the crypto market. It is currently trading at $87,166.
Japan’s Microstrategy continues to grow its Bitcoin holdings despite market volatility. Today, the company announced the purchase of 497 Bitcoins for a total of $43.9 million, buying them at an average price of $88,448 each, according to CEO Simon Gerovich.
As of March 5, 2025, Metaplanet holds a total of 2,888 BTC, with an investment of $240.2 million. The average price the company paid for its Bitcoin is around $83,172 per coin. Despite market fluctuations, Metaplanet continues to expand its Bitcoin holdings, which reflects confidence in its long-term potential as a store of value.
Achieves 45% Bitcoin Yield
Simon Gerovich also announced that Metaplanet has had a strong start to 2025, with a Bitcoin yield of 45.1% year-to-date. Interestingly, this exceeds the company’s goal of achieving a 35% BTC yield each quarter of 2025. While its yield for the period from October 1, 2024 to December 31, 2024, was 309.8%.
As as a result of this impressive performance, Metaplanet’s stock has surged 16.89%, reaching 3,910 JPY, thanks to its stellar performance. In February 2025, the stock hit a record high of 7,000 JPY but dropped almost 50% as Bitcoin prices corrected. Now, after bouncing off a support level at 3,310 JPY, the stock is back on the rise, signaling a strong reversal.
Whales Buy The Dip
After Bitcoin dropped to $83,000 on Monday, whales are actively buying the dip. Crypto analyst Ali Martinez noted that since Bitcoin fell below $88,000 on February 24, whales have purchased over 20,000 BTC.
He also pointed out that Bitcoin’s Sharpe ratio is moving from “High Risk” to “Low Risk,” creating a good chance for investors to buy the dip. This suggests that investors are now accumulating BTC for future gains as the market stabilizes.
