Metaplanet, El Salvador and Saylor Leverage Market Sentiment

A wave of Bitcoin purchases by major players signals a shift in market sentiment, with the Bitcoin Fear & Greed Index moving back to “neutral” after days of “fear.” 

Japanese investment firm Metaplanet and the government of El Salvador both announced new Bitcoin acquisitions boosting their holdings as investor confidence stabilizes.

Metaplanet Boosts Bitcoin Holdings

Metaplanet, a Japanese investment company, revealed it purchased an additional 136 Bitcoin for approximately $15.2 million. 

This purchase brings their total to 20,136 Bitcoin, valued at over $2.2 billion. The company paid about $111,830 per Bitcoin. 

Currently, Metaplanet ranks as the sixth-largest Bitcoin treasury among 186 tracked companies and the top holder in Japan.

Metaplanet CEO Simon Gerovich has set an ambitious goal to acquire 210,000 Bitcoin by 2027. 

To support its Bitcoin strategy, the company plans to raise $880 million through a public share offering in overseas markets. 

This acquisition would position Metaplanet as the second-largest corporate Bitcoin holder globally, behind only Strategy. 

Strategy Signals More Bitcoin Buys

Meanwhile, Michael Saylor, the executive chairman of Strategy hinted at another purchase on X. 

Strategy is the world’s largest corporate Bitcoin holder. 

He shared a screenshot of Strategy’s Bitcoin portfolio with the caption “needs more orange.”

Strategy currently holds 636,505 Bitcoin, far surpassing other corporate holders. 

Its stock price rose 2.5% to $335.87 in the latest session, with a year-to-date gain of nearly 12%.

El Salvador Celebrates Bitcoin Day with New Purchase

Corporates are not the only ones buying more Bitcoin. 

In El Salvador, President Nayib Bukele announced the country added 21 Bitcoin to its reserves.

This marks the anniversary of Bitcoin’s legalization as currency in September 2021. 

The nation now holds 6,313 Bitcoin, according to its Bitcoin Office. 

This purchase comes despite a July report from the International Monetary Fund, which claimed El Salvador had paused Bitcoin buys after securing a $1.4 billion loan in December 2024. 

The recent Bitcoin purchases align with a shift in market sentiment, entering “neutral” territory after three days in the “fear” zone. This change reflects growing confidence among investors, fueling optimism for Bitcoin’s future.