USDThis Week’s Bitcoin Accumulation Race: Strategy, Metaplanet, and El Salvador Lead
Strategy Acquires 20,356 BTC for $1.99B, Nears 500,000 BTC Holdings
Michael Saylor’s Strategy, formerly MicroStrategy, acquired 20,356 Bitcoin for $1.99 billion at an average price of $97,514 per coin, following a $2 billion note offering, raising its total Bitcoin holdings to nearly 500,000 BTC. The firm has now invested $33.1 billion in Bitcoin at an average price of $66,357 per coin. This acquisition is part of Strategy’s “21/21 Plan,” which aims for $42 billion in capital over three years, with $20 billion already raised primarily through senior convertible notes.
Despite a reported $670 million net loss in the fourth quarter of 2024, Strategy has an unrealized profit exceeding $14.8 billion on its Bitcoin holdings. Additionally, institutional interest is rising, with twelve states in North America holding Strategy stock valued at $330 million and BlackRock increasing its stake in the company to 5% following its rebranding.
El Salvador and Metaplanet Expand Bitcoin Holdings Amid Price Drop and IMF Pressures
El Salvador and Metaplanet have seized the opportunity presented by Bitcoin's recent price drop, which fell below $90,000, to bolster their investments. On February 24, President Nayib Bukele announced that El Salvador had acquired an additional 7 BTC, increasing its total holdings to 6,088 BTC, valued at about $541 million. This purchase followed a brief pause in the country’s daily Bitcoin acquisition strategy, raising speculation of IMF pressure.
In parallel, Metaplanet added 135 BTC at an average price of ¥14.3 million ($95,961), bringing its holdings to 2,235 BTC. The CEO aims for a cumulative holding of 10,000 BTC by the end of 2025. Despite these strategic investments, Metaplanet's stock has declined over 3.2%. Overall, both entities display a strong commitment to Bitcoin amid market volatility and external financial pressures.
HK Asia Holdings Boosts Bitcoin Investments, Stock Surges
HK Asia Holdings Limited, a Hong Kong investment firm, has significantly increased its Bitcoin holdings, acquiring an additional 7.88 BTC for approximately $761,705, bringing its total to 8.88 BTC at an average cost of $97,021 per Bitcoin. This strategic move, announced on February 23, follows a prior purchase that almost doubled its stock value. Following HK Asia's 1 BTC acquisition on February 16, its stock surged by 93%, leading to a further 5.7% increase on February 24, trading at around 6.66 HKD.
The stock has skyrocketed by 1,700% since the start of 2025, reflecting strong investor confidence. Bitcoin is currently priced at $95,537, showcasing stability despite market fluctuations. HK Asia's embrace of Bitcoin highlights a growing trend among corporations to invest in cryptocurrencies as a hedge against inflation and diversification, potentially influencing other firms to adopt similar strategies amidst rising interest in digital assets.
Rezolve Ai Launches $1 Billion Bitcoin Initiative to Transform Cryptocurrency Payments
Rezolve Ai, an AI-focused trading solutions firm, is launching a $1 billion treasury program to enhance its investment in Bitcoin, starting with an initial $100 million. This initiative aims to develop an advanced cryptocurrency payments platform in collaboration with Tether, the leading stablecoin issuer. Rezolve Ai positions Bitcoin not only as a store of value but also as a strategic tool for hedging against inflation and currency devaluation while promoting digital payment adoption. CEO Daniel M. Wagner emphasizes that this is more than just an investment strategy; it is a foundation for transforming digital commerce.
The company plans to utilize Bitcoin's liquidity and security to expand its operations globally, offering AI-powered transaction solutions to merchants. Ultimately, Rezolve Ai's goal is to bridge the gap between traditional finance and decentralized digital assets, making cryptocurrency payments more accessible and practical for everyday use, thereby reshaping the future of finance.
Metaplanet Raises 2 Billion JPY in 0% Bonds to Acquire More Bitcoin
On February 27, 2025, Metaplanet announced the issuance of 2 billion JPY in 0% ordinary bonds, aiming to raise approximately $13.4 million to acquire additional Bitcoin. With a maturity date set for August 26, 2025, this marks the company's seventh series of such bonds. Metaplanet plans to purchase 10,000 Bitcoins by Q4 2025, reflecting a total investment of around $957 million at current prices, eventually increasing its holdings to 21,000 BTC by the end of 2026.
The company's stock has surged 2,127% over the past year, attributed to a significant rise in shareholder interest. Metaplanet also introduced “BTC Gain” and “BTC Yen Gain” as new key performance indicators to enhance transparency in its Bitcoin strategy, emphasizing the importance of acquiring BTC in Japan's challenging economy characterized by high debt and negative interest rates. The expected financial impact on fiscal results is minimal.
This article has been refined and enhanced by ChatGPT.
