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Bitcoin surged to a brand new ATH (all-time excessive) above $122,000 early Monday as company shopping for intensified, led by Metaplanet’s buy of one other 797 BTC and a brand new sign from Michael Saylor that Technique might resume its BTC shopping for spree.
The king of cryptos jumped 3% over the previous 24 hours, hitting $122,340.63 at 2:23 a.m. EST after earlier hitting a file intraday excessive of $122,540.92,
Metaplanet Boosts Bitcoin Holdings With 797 BTC Purchase
Metaplanet introduced earlier right now that it purchased one other 797 BTC for round $93.6 million. The agency’s CEO, Simon Gerovich, shared the announcement on X in a put up earlier right now.
Metaplanet has acquired 797 BTC for ~$93.6 million at ~$117,451 per bitcoin and has achieved BTC Yield of 435.9% YTD 2025. As of seven/14/2025, we maintain 16,352 $BTC acquired for ~$1.64 billion at ~$100,191 per bitcoin. $MTPLF pic.twitter.com/zFSH0WIima
— Simon Gerovich (@gerovich) July 14, 2025
He mentioned the most recent purchase was executed at a median value of round $117,451. Following the most recent Bitcoin buy, Metaplanet’s holdings now stand at 16,352 BTC, acquired for a complete of $1.64 billion.
Technique Would possibly Announce One other Bitcoin Purchase At the moment
Metaplanet just isn’t the one firm persevering with its aggressive Bitcoin accumulation. Technique co-founder Michael Saylor signaled that his agency would possibly resume its BTC buys right now after a week-long hiatus.
“Some weeks, you don’t simply HODL,” Saylor wrote on X yesterday.
Some weeks you don’t simply HODL. pic.twitter.com/PXC7cE3zbq
— Michael Saylor (@saylor) July 13, 2025
Saylor shared a snapshot of the SaylorTracker chart as nicely, a transfer usually adopted by an announcement of one other Technique Bitcoin purchase.
Information from Bitcoin Treasuries exhibits Technique is the present chief with regards to company Bitcoin holdings with its stash of $597,325 Bitcoins.
Whereas the agency paused its Bitcoin acquisitions final week, it did announce a $4.2 billion capital elevate to purchase extra BTC. Previous to this break, Technique had purchased BTC for 12 consecutive weeks.
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