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Asian firms ramp up Bitcoin buys: Metaplanet, HK Asia lead charge

cryptoweekly by cryptoweekly
April 24, 2025
in bitcoin, News
0

Metaplanet has reached 50% of its goal to accumulate 10,000 BTC by the end of 2025 following its latest purchase.

Asian investment firms are stepping up their Bitcoin accumulation strategies, with Japan’s Metaplanet and Hong Kong’s HK Asia Holdings leading the way.

Tokyo-based Metaplanet disclosed on April 24 that it acquired an additional 145 Bitcoin (BTC) for 1.9 billion Japanese yen (around $13.4 million), boosting its total holdings to 5,000 BTC.

Metaplanet CEO Simon Gerovich confirmed the company has reached 50% of its initial goal of amassing 10,000 BTC by the end of 2025.

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  • Strategy’s Michael Saylor to help Pakistan with crypto pivot
  • Ethereum whales, sharks keep buying up ETH as retail cashes out
  • Bybit targets Q3 launch of new Solana-based DEX Byreal
  • Polyhedra’s ZKJ token plummets 83% after ‘abnormal’ transactions
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  • AI race between US and China resembles Cold War — Marc Andreessen
  • Bitcoin mining difficulty falls slightly from recent all-time high

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