Just three days after its previous acquisition, Metaplanet acquired another 145 Bitcoin, reaching the 5,000 milestone.
After a recent acquisition, Metaplanet, a Japanese company, has seen its Bitcoin holdings surpass 5,000 BTC. The most recent acquisition comes after a Bitcoin purchasing frenzy that appears to be continuing unabated.
Metaplanet gobbles up 145 Bitcoin for $13 million
With a new grab of Bitcoin, Metaplanet has secured the 5,000 milestone. The Japanese corporation has scoped an extra 145 BTC for $13.6 million, according to a notice on X.
*Metaplanet Purchases Additional 145 $BTC, Total Holdings Reach 5,000 BTC* pic.twitter.com/rzZwvmmbw1
— Metaplanet Inc. (@Metaplanet_JP) April 24, 2025
According to the release, Metaplanet paid an average of $93,327 for each Bitcoin. The remarkable 5,000 BTC that Metaplanet now owns has, according to the business, provided it a 121.1% YTD BTC yield.
“Metaplanet acquired 145 BTC for approximately 1.926 billion yen (approximately 13.28 million yen per BTC), achieving a BTC yield of 121.1% so far in 2025,” said Metaplanet CEO Simon Gerovich.
From an aerial perspective, Metaplanet has spent $428 million to accumulate 5,000 Bitcoin at an average price of $85,621 per unit. Following Metaplanet’s $28 million purchase of 330 BTC, which brought its holdings barely below the 5,000 BTC threshold, comes the most recent acquisition.
After adopting a BTC-first approach similar to MicroStrategy, Metaplanet has been amassing the largest cryptocurrency. Microstrategy increased its total holdings to 538,200 BTC early in the week by adding 6556 BTC to its balance sheet.
Japanese-based firm reaches 50% of its BTC goal
Gerovich revealed that the Tokyo-based company is getting closer to its yearly goal with the most recent Bitcoin acquisition. According to Metaplanet, the 5,000 BTC milestone puts it halfway toward its goal of amassing 10,000 Bitcoin by the year’s end.
“We have reached 50% of our initial goal of 10,000 BTC by the end of 2025,” said Gerovich. “This is a big step forward in our aim to become one of the world’s leading bitcoin holding companies.”
Metaplanet is investigating new techniques to support its BTC acquisition frenzy, including zero-interest bonds for BTC purchases. To further its campaign for Bitcoin, the company has appointed Eric Trump to its Strategic Board of Advisors.
The price of bitcoin is now trading sideways and has not responded to claims that Metaplanet is purchasing BTC. With the current price of bitcoin well above $90,000, Satoshi Nakamoto now owns more than $100 billion worth of bitcoin.
ZKsync recovers $5M in stolen tokens after hacker accepts bounty
The exploit’s hacker consented to restore 90% of the stolen assets in exchange for a 10% reward.
After their airdrop distribution contract was compromised on April 15, the ZKsync Association was able to successfully retrieve $5 million worth of stolen tokens.
In three transactions on April 23, the exploit’s hacker returned roughly $5.7 million to the ZKsync Security Council in exchange for 90% of the stolen funds and a 10% reward.
The ZKsync Association verified the collaboration in a statement published on X, stating that the money was refunded within the required 72-hour safe harbor period.
Matter Labs confirms no user funds were affected in ZKsync security incident
The ZKsync protocol’s creator, Matter Labs, also released the update, assuring users that no private money was stolen during the event.
According to blockchain statistics, the hacker moved $1.83 million in Ethereum (ETH) and $2.47 million in ZK tokens on the ZKsync Era network, as well as an extra 776 ETH, which is worth about $1.4 million, to the Ethereum address of the Security Council. In less than fifteen minutes, the transfers were finished.
The hack happened when the attacker took over ZKsync’s admin account and used the sweepUnclaimed() function of the airdrop contract to manufacture 111 million unclaimed ZK tokens, which were worth about $5 million at the time.
The vulnerability happened while 17.5% of ZKsync’s token supply was being airdropped to ecosystem members.
We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline. As stated in the original Security Council message, the case is now considered resolved.
The assets are now in custody of the Security Council, and the decision on what… https://t.co/X0oejun9Tx
— ZK Nation (@TheZKNation) April 23, 2025
It’s interesting to note that because token values have increased after the attack, the recovered amount exceeded the initial stolen value.
Since April 15, ZK tokens have increased 16.6% while ETH has increased 8.8%, according to CoinGecko.
ZK’s market reaction was subdued, with the token down 0.2% over the previous day, despite the successful resolution.
The ZKsync Association declared that it will publish a thorough report on the event.
According to statistics from DeFiLlama and RWA, ZKsync Era, an Ethereum Layer 2 network that uses zero-knowledge rollups, presently has over $2 billion in tokenized real-world assets and close to $59 million in total value locked (TVL). xyz.
XRP price eyes $3 as new Ripple ETF amasses $40M in net assets
With almost $40 million in net assets just three weeks after its inception, XRP is aiming for a $3 price. It was the first Ripple ETF to emerge in the United States.
At the time of writing, the price of XRP was trading at $2.18, having dropped from its previous multi-week high of $2.30. Despite this decline, Ripple continues to target increases over $3 after Teucrium’s first-place XRP ETF accumulated almost $40 million in net assets just one month after its inception. The success of the ETF follows Teucrium’s CEO telling Bloomberg that XRP is the most useful cryptocurrency.
XRP price eyes further gains amid ETF success
The Teucrium website states that the net assets of the 2x Long Daily XRP ETF have surpassed $40 million. Considering that the product was introduced on April 8 and has only been on the market for three weeks, this is a noteworthy accomplishment.
The first XRP ETF to debut in the United States was Teucrium’s XXRP leveraged product. The amount of attention it is receiving from investors in spite of the market’s continued trepidation is encouraging for the price of Ripple and may help it break through the crucial resistance barrier of $2.20 to reach all-time highs.
At the same time, the CEO of Teucrium said in a Bloomberg interview that XRP is the most useful cryptocurrency. According to him, since acquiring Hidden Road, Ripple has expanded its usefulness to include tokenization, payments, and most recently, brokerage services.
In addition to institutions, whales are also quickly amassing XRP and may be setting themselves up for future gains. According to Santiment data, addresses owning between 1M and 100M Ripple bought 260M tokens as the price of XRP surged to multi-week highs.
The strong demand from whales and institutions indicates that traders are confident that XRP will continue to rise and break over the $3 price level to set a new record high in the upcoming months.
Ripple teases breakout from channel pattern
The price of XRP is now hinting at a breakthrough from a falling parallel channel to produce a higher low after producing a string of lower lows over the past three months. If Ripple is able to close decisively above resistance at the top trendline, this breakthrough will be verified.
If this breakthrough occurs, the price of XRP must first clear the $2.75 resistance level. The upswing will continue above $3 and reach the next barrier of $3.29 if it reverses this level. Clearing this obstacle will unlock the surge to all-time highs.
Traders should pay attention to the RSI changes, though, as they now indicate that the purchasing impetus that drove Ripple to $2.30 recently is waning. For there to be significant upward momentum, the RSI must bounce back and keep increasing. If the MACD line crosses above the zero line, the uptrend will also happen.
If the MACD increase proves to be a phony breakout and the RSI drops back below 50, my bullish XRP price prediction will be nullified. If the price of XRP drops below the $2.05. support level, the decline will continue.
It’s probable that Ripple will restart its recent upward trend given the strong institutional interest in Teucrium’s XRP ETF and whale accumulating. The increase might be halted, though, if traders book gains following the recent rally.
