Metaplanet expands Bitcoin treasury as market prices rise.
Holdings now total 16,352 BTC.
Corporate strategy focuses on rapid accumulation.

Metaplanet Inc., a Tokyo-listed company, has expanded its Bitcoin holdings by acquiring 797 BTC, aligning with its corporate treasury strategy during rising market prices.

The event underscores Metaplanet’s aggressive Bitcoin accumulation strategy, reflecting broader market trends and institutional optimism.

Metaplanet Inc., originally a hotel operator, has pivoted to a corporate Bitcoin treasury strategy. The company recently purchased 797 Bitcoins at an average price of $117,451, bringing its total holdings to 16,352 BTC.

CEO Simon Gerovich describes the firm’s approach as a "bitcoin gold rush," prioritizing rapid accumulation before using these assets for expansion. This aligns with its strategy to leverage Bitcoin for growth, especially in digital banking.

Metaplanet's acquisition reflects its position among top corporate Bitcoin holders. The market reaction has been positive, with prices hitting new highs after the announcement, illustrating growing institutional adoption of Bitcoin.
The company aims to accumulate 210,000 BTC by 2027, mirroring strategies akin to MicroStrategy but at a smaller scale.

Seamus Rocca, CEO, Xapo Bank, noted, “It is vital to remember that firms like Strategy and Metaplanet represent high-conviction outliers, headline grabbers with bold strategies that align with their unique business aims. For most, a more measured approach will be better suited. One grounded in long-term belief, not short-term reliance on volatility.”

Metaplanet’s strategic Bitcoin acquisitions have not directly influenced other cryptocurrencies or DeFi sectors. The focus remains solely on Bitcoin, without immediate plans to diversify into other digital assets.

Experts suggest the financial implications could support Metaplanet's future expansions in fintech and digital banking sectors. Despite potential regulatory developments, current actions indicate a strong commitment to Bitcoin as a treasury asset.

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Bitcoin‘s value has skyrocketed beyond $117,000, driven by $1.17 billion in liquidations over the past 24 hours. Starting the day at around $111,000, the world’s leading cryptocurrency saw a rise of 5.57%, reaching an unprecedented level. This remarkable surge positioned Bitcoin higher in market value than Google, leaving only Amazon, Apple, Microsoft, Nvidia, and gold ahead.

What Caused the Short Position Liquidations?
A substantial number of Bitcoin short positions, totaling $1.05 million, were closed forcibly amidst high global trading volume. This led to a wave of buy orders on the exchanges, as margin calls caused many leveraged sellers to exit their positions swiftly.

The supply contraction prompted immediate buy orders, propelling the price by $5,000 in just minutes. This activity resulted in a 24-hour increase of 5.57%, with bullish sentiment taking the forefront.

Who Are Bitcoin’s Remaining Competitors?
With Bitcoin’s market capitalization soaring to approximately $2.33 trillion, it surpassed Alphabet, leaving only a few heavyweights like Amazon, Apple, Microsoft, Nvidia, and gold in its wake.

In his analysis, Martin Folb discussed the completion of the Wyckoff Accumulation Phase and the onset of the Distribution Phase, using the global M2 money supply as a comparison metric. M2 includes the total money supply that is easily accessible. Folb predicted price targets of $125,000 to $160,000, as he continues to provide updates on this new Wyckoff pattern.

Market experts issued warnings about increased volatility due to significant liquidations, advising investors to double-check their leverage settings. Reports highlighted that order books became thin and prices shifted rapidly as liquidity fluctuated.

Key insights include:

– Bitcoin exceeded $117,000, fueled by massive liquidations.
– $1.05 million in short positions were liquidated amid high demand.
– Bitcoin’s market cap now outstrips Google’s, trailing only notable giants like Amazon and Apple.
While the sudden leap in prices has captured the attention of investors worldwide, it also serves as a reminder of the inherent risks in volatile markets. The ongoing discussion on Bitcoin’s resilience and future performance remains as engaging as ever, keeping both new and seasoned traders on their toes.

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American semiconductor giant Nvidia has just surpassed $4 trillion in market capitalization, becoming the first company ever to reach the lofty milestone.

Nvidia beat tech giants Microsoft and Apple to the market capitalization landmark as its stock price increased to an all-time high on Wednesday.

Company shares rose around 2% during early trading to reach an all-time high of $164.32 before cooling slightly to $163.36 in after-hours trading, according to Google Finance.
The spike in share prices, driven by investor confidence in AI’s transformative potential, pushed the firm’s valuation to record highs before retreating slightly.

Market capitalization is calculated by multiplying the number of outstanding shares by the current share price. Nvidia has 24.4 billion shares outstanding, meaning that its market cap has now dipped to $3.98 trillion on the after-hours share price.

AI boom catalyst
Nvidia’s market cap milestone highlights the fact that “companies are shifting their asset spend in the direction of AI and it’s pretty much the future of technology,” Robert Pavlik, senior portfolio manager at Dakota Wealth in New York, told Reuters.

The firm started out as a gaming chipmaker and then a crypto mining chipmaker, and is now a chipmaker for artificial intelligence computing power, Art Hogan, chief market strategist at B Riley Wealth, noted to USA Today, adding:
“It is continuing to move forward and be a clear early winner of artificial intelligence.”

A strong rebound
Despite facing a $5.5 billion valuation loss earlier in 2025 due to concerns about Chinese AI competitors and US export restrictions, and a huge $600 billion market cap decline in January, Nvidia has rebounded strongly.
The company reported more than $44 billion in revenue and $19 billion in earnings for the first quarter, up 26% compared to a year ago.
The firm’s share prices have gained 21.3% so far this year, outperforming the US benchmark index, the S&P 500, which has gained 6.5% over the same period.

Market cap competitors
Microsoft is the world’s second-largest company by market capitalization, with $3.74 trillion, and Apple comes in third place with $3.15 trillion, according to CompaniesMarketCap. Only these three companies have a market capitalization of more than $3 trillion.
Comparatively, Bitcoin (BTC), which revisited its all-time high Wednesday, has a market cap of $2.2 trillion, and the entire crypto market is worth less than Nvidia, with $3.53 trillion in total capitalization.

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Institutional demand drives Solana futures volume past $4 billion.
Reflects rising interest in regulated crypto derivatives.
CME Group enhances its cryptocurrency portfolio reach.

CME Group's Solana futures trading volume has exceeded $4 billion, reflecting growing institutional interest since its launch, according to an official company announcement.

CME Group's Milestone
The CME Group has seen the trading volume for its Solana futures exceed $4 billion, marking a significant milestone in the adoption of crypto derivatives. Institutional traders have increasingly turned to CME Group for its regulated environment and capital efficiency.

"CME Group, 'Combined trading volume for Solana (SOL) and Micro Solana futures has now crossed the $4 billion mark—a sign of rising demand from professional investors.'

CME Group launched Solana futures in response to growing institutional demand, following its successful Bitcoin and Ethereum futures products. While there are no documented statements from CME executives, the company's update emphasizes the substantial trading volume increase.

Market Implications
The milestone has considerable implications for the cryptocurrency market, suggesting greater institutional confidence in Solana and potentially affecting other crypto futures like Bitcoin and Ethereum. Solana's stable price amidst this surge indicates a focus on institutional positioning.

Solana futures trading volume surpasses $4 billion on CME Group, one of the world’s largest regulated derivatives exchanges.
As Solana reaches new trading volume heights, the influence could extend to competing crypto assets and derivatives platforms. Historical trends from Bitcoin and Ethereum futures suggest potential spillover effects into spot markets and heightened institutional participation in Solana-focused products.

Overall, the success of Solana futures on CME reinforces the asset's stature among institutional investors. This development could signal enhanced market dynamics as more professional traders engage with regulated derivatives. The involvement of notorious entities like CME Group furthers trust and interest in cryptographic investments, building a framework for future advancements in the digital asset space.

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Bitcoin hoarding outpaces supply
Regulators warm up to crypto ETFs

BlackRock’s spot Bitcoin exchange-traded fund has just crossed over 700,000 BTC, worth approximately $75.5 billion, after registering another $164.6 million inflow on Monday.

BlackRock, the world’s largest asset manager, now holds 700,307 BTC in its iShares Bitcoin Trust (IBIT) ETF, according to Apollo co-founder Thomas Fahrer.

BlackRock’s own iShares website shows IBIT held 698,919 BTC as of Thursday, and as such, the fund added 1,388 BTC in two trading sessions.
IBIT accounts for more than 55% of the total BTC held in US spot Bitcoin ETFs, according to Bitbo. Since its inception in January 2024, the fund has delivered a total return of 82.67%.
The recent Bitcoin milestone comes amid reports that BlackRock now earns more revenue from its IBIT fund than its flagship S&P 500 fund, iShares Core S&P 500 ETF.

Bitcoin hoarding outpaces supply
Meanwhile, US Bitcoin exchange-traded funds, combined with Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, have purchased more Bitcoin than the supply generated by miners almost every month so far this year, according to Galaxy Research.

Strategy and the US Bitcoin ETFs have collectively bought Bitcoin worth $28.22 billion in 2025, while Bitcoin miners’ net new issuance has amounted to $7.85 billion during the same period.

As of June, the combined entities have bought more Bitcoin than the new supply being generated each month, except in February, when the combined entities sold Bitcoin worth $842 million.

Regulators warm up to crypto ETFs
Meanwhile, the United States Securities and Exchange Commission is reportedly looking to simplify the crypto ETF approval process.
Under the new structure, ETF issuers will only need to file Form S-1 and wait for 75 days. If the SEC has no objections, the issuer can list its ETF on the exchange.

Earlier this month, REX-Osprey Solana and Staking ETF became the first ETF in the US to offer investors exposure to a staked crypto ETF, with investors being given exposure to SOL along with its staking rewards.

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