Vivek Sen

Bitcoin price fell below $112,000 as Japanese firm Metaplanet announced the purchase of 103 BTC worth $11.7 million, bringing its total holdings to 18,991 BTC ($2.2 billion), while simultaneously being upgraded to mid-cap status in the FTSE Japan Index. The move highlights the growing trend of corporate Bitcoin treasury strategies.

With Bitcoin price holding above $113,000, Hong Kong-based Ming Shing Group Holdings announced plans to acquire 4,250 BTC for $483 million at an average price of $113,638 per Bitcoin through convertible notes and warrants.

KindlyMD purchased 5,743.91 BTC at $118,204.88 per Bitcoin for a total of $679 million, bringing its total holdings to 5,764.91 BTC, marking its first major acquisition since merging with Nakamoto Holdings.

Bitcoin price dropped below $115,000 as Metaplanet acquired 775 BTC for $93 million at $120,006 per coin, bringing its holdings to 18,888 BTC, while Strategy purchased 430 BTC for $51.4 million, increasing its total to 629,376 BTC.

Bitcoin price retreated to $118,000 after reaching an all-time high of $124,283 and briefly surpassing Google parent Alphabet's market cap with a $2.46 trillion valuation compared to Alphabet's $2.448 trillion.

Bitcoin price maintained its position above $118,000 as Metaplanet acquired 518 BTC for $61.4 million at an average price of $118,519, bringing its total holdings to 18,113 BTC valued at $1.85 billion. The Tokyo-based company's BTC Yield reached 26.5% in the current quarter, following its impressive performance in previous quarters. At the same time, Smarter Web Company also announced the purchase of 295 BTC for $35.2 million at an average of $119,412.

Strategy, formerly MicroStrategy, purchased 155 BTC worth $18 million at an average Bitcoin price of $116,401 per coin, bringing its total holdings to 628,946 BTC as Bitcoin price trades above $120,000. The purchase marks the fifth anniversary of Strategy's Bitcoin treasury strategy, which began with a $250 million investment in 2020.

Bitcoin price held steady above $115,000 as Financial Times reveals Binance partners with Spain's BBVA bank to provide third-party custody services, allowing customers to store assets in U.S. Treasury securities. The move aims to rebuild trust following Binance's $4.3 billion regulatory settlement in 2023, with BBVA acting as an independent custodian to ensure greater security of customer funds.

Bitcoin price jumped to $116,000 following news that President Trump will sign an executive order allowing Bitcoin and crypto in 401(k) retirement accounts, potentially unlocking access to $12.5 trillion in retirement savings.

Bitcoin price stands still as The Smarter Web Company launched a pioneering $21 million Bitcoin-denominated convertible bond, payable in Bitcoin. The innovative financial instrument comes as corporate Bitcoin adoption accelerates, with the number of public companies holding Bitcoin surging to over 200.