Japan's Metaplanet Buys Another $26M in Bitcoin Amid Tariff Market Uncertainty
Metaplanet has increased its Bitcoin holdings by purchasing 319 BTC for 3.78 billion yen ($26.3 million), raising its total to 4,525 BTC. The company aims to expand its holdings by 470% to reach 10,000 BTC by year-end. This acquisition occurs amid geopolitical tensions affecting digital assets, with Bitcoin recently dropping over 2% to $83,482. Traditional markets showed resilience, with Nasdaq 100 futures rising over 1% and S&P 500 futures climbing 0.7%. President Trump indicated that certain electronics will face a separate 20% national security levy despite temporary exclusions from a proposed tariff. By Monday, Bitcoin traded at $84,990, up 0.4%, while Ether rose 1.8% to $1,638. Metaplanet's strategy mirrors that of Michael Saylor's aggressive Bitcoin accumulation, and the company has appointed Eric Trump to its Strategic Advisory Board. The Trump administration is also establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile.
