Bitcoin Price Rally Strengthened by Metaplanet’s 330 BTC Acquisition

Metaplanet acquired 330 BTC for $28.2 million, boosting its total holdings to 4,855 BTC valued at $414.5 million. Following this, Bitcoin trading volume surged by 85% to $25 billion, with prices touching $87,000. This acquisition reflects growing institutional interest and signals bullish market momentum, supported by positive technical indicators.

Metaplanet recently made a significant acquisition, purchasing 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC on April 21, 2025. This acquisition increases Metaplanet’s total Bitcoin holdings to 4,855 BTC, which is valued at approximately $414.5 million. The announcement triggered an astonishing 85% increase in Bitcoin trading volume, reaching around $25 billion within hours.

In conclusion, Metaplanet’s strategic acquisition of Bitcoin has not only bolstered its financial position but also significantly impacted the market. The increased trading volume and elevated Bitcoin price underscore rising institutional demand and market confidence. Observers are keen to see how Bitcoin will navigate its current resistance levels, with indications of continued bullish momentum.

Original Source: themarketperiodical.com

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