insidebitcoins.com
The Bitcoin price jumped over 2% in the last 24 hours after Metaplanet announced it bought another 330 $BTC and as MicroStrategy executive chair Michael Saylor hints at another Bitcoin purchase.
Following the recent gain, the crypto market leader rose from a 24-hour low of $83,976.85 to an intraday peak at $87,679.23. $BTC has since retraced to trade at $87,520.03 as of 1:09 a.m. EST.
Metaplanet Adds To $BTC Stockpile
Japan-based investment firm Metaplanet announced earlier today that it has purchased an additional 330 $BTC, valued at $28.2 million. This marks the firm’s third Bitcoin purchase this month.
In an X post today, the company said it made the purchase at an average price of $85,605 per Bitcoin, pushing the company’s total holdings to 4,855 $BTC.
Metaplanet CEO Simon Gerovich also shared the news of the latest purchase, adding that the firm has achieved a $BTC yield of 119.3% year-to-date.
Metaplanet has acquired 330 $BTC for ~$28.2 million at ~$85,605 per bitcoin and has achieved $BTC Yield of 119.3% YTD 2025. As of 4/21/2025, we hold 4855 $BTC acquired for ~$414.5 million at ~$85,386 per bitcoin. pic.twitter.com/EUFSbUCOPW
— Simon Gerovich (@gerovich) April 21, 2025
Saylor Hints At Another Strategy Bitcoin Buy
As Metaplanet announces another Bitcoin buy, Saylor has once again hinted at another Strategy Bitcoin buy.
In an X post yesterday, he shared a screenshot of the SaylorTracker chart, with the caption “Insufficient Orange.”
In recent weeks, Saylor’s posts that included a screenshot of the SaylorTracker chart have been followed by an announcement of another Strategy Bitcoin buy.
Insufficient Orange. pic.twitter.com/Gz36jJELBs
— Michael Saylor (@saylor) April 20, 2025
The post follows Strategy’s most recent purchase on April 14, which saw the firm buy 3,459 $BTC at an average price of $82,618, SaylorTracker shows, cementing the firm’s position as the largest corporate Bitcoin holder globally.
Since starting its aggressive $BTC acquisition strategy in 2020, the firm’s investment in the largest crypto by market cap has yielded a more than 29% unrealized gain. In dollar terms, the company is sitting on more than $10.66 billion in profits.