For almost $126.7 million, the Japanese investment firm Metaplanet purchased 1,241 Bitcoin (BTC).
With this most recent acquisition, Metaplanet has become one of the biggest institutional investors of Bitcoin, surpassing El Salvador in total ownership.
Metaplanet tops El Salvador in Bitcoin holdings
The corporation disclosed today that it has purchased more Bitcoin (BTC) at an average price of about $102,119 (14,848,061 yen) per coin. Its total holdings now stand at 6,796 BTC, up from 5,555 BTC only a week ago.
Since starting to buy Bitcoin in April 2024, Metaplanet has amassed more money than El Salvador’s government reserves. El Salvador, a notable state-level adopter since 2021, has 6,174 BTC, 622 BTC less than Metaplanet, according to statistics from the country’s Bitcoin Office.
Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started.
メタプラネットのビットコイン保有量がついにエルサルバドルを超えました。小さな一歩から始まり、今や国家に匹敵する規模へ。まだまだここからです。 pic.twitter.com/E18Td9tHfc
— Simon Gerovich (@gerovich) May 12, 2025
Gerovich emphasized the company’s increasing dedication to Bitcoin in a different post on X (previously Twitter), showing a total investment of almost $608.2 million. Metaplanet’s assets are currently valued at around $706.8 million at the current price of $104,003 for Bitcoin, which represents an unrealized profit of 16.2%.
Metaplanet has acquired 1241 BTC for ~$126.7 million at ~$102,119 per bitcoin and has achieved BTC Yield of 170.0% YTD 2025. As of 5/12/2025, we hold 6796 $BTC acquired for ~$608.2 million at ~$89,492 per bitcoin. $MTPLF pic.twitter.com/KXNWl5Hg0d
— Simon Gerovich (@gerovich) May 12, 2025
Additionally, the company’s year-to-date (YTD) 2025 BTC Yield, which measures the increase in Bitcoin holdings per fully diluted share, was 170.0%. With a BTC Yield of 38.0% for the current quarter (April 1–May 12, 2025), the company is continuing to create wealth for shareholders through its treasury strategy.
The company’s Bitcoin move is also helping its stock. Metaplanet shares (3350.T) increased 3.8% in Monday trade after today’s news.
Additionally, it stated that since the stock started gathering Bitcoin, its value has increased 15 times. Investor trust in the company’s Bitcoin-focused approach was indicated by this.
Metaplanet vs. Strategy: Analyst sees bigger upside for Japan’s Bitcoin bet
The strategy used by US-based Strategy (previously MicroStrategy), a pioneer in corporate Bitcoin accumulation, is similar to Metaplanet’s. But according to a recent expert, Metaplanet could have even more potential for development than Bitcoin.
According to a ballistic acceleration model, the analyst predicted that Metaplanet’s stock might double (2.0x) and Strategy’s could climb 1.6x at a price of $120,000 BTC. Compared to Strategy’s 3.0x increase, Metaplanet may experience a 4.5x spike at $150,000.
🚀 It’s still early days for MetaPlanet… but the ballistic acceleration model suggests…
📈 120K BTC?
→ MetaPlanet: 2.0x
→ Strategy: 1.6x🏁 $150K BTC?
→ MetaPlanet: 4.5x
→ Strategy: 3.0xAsymmetric upside.#Bitcoin #MetaPlanet #MSTR pic.twitter.com/2LGuQTz86E
— MicroStrategist.com | BitcoinPower.Law (@BitcoinPowerLaw) May 11, 2025
This “asymmetric upside,” as the analyst explained, shows how Metaplanet, which is currently in the early phases of its Bitcoin strategy, might position itself as a high-beta proxy for Bitcoin exposure by delivering disproportionate stock gains in relation to its risk.
Ethereum price eyes $3,000 as 67 million ETH nears profitability
The price of Ethereum recovers $2,500 after a 40% weekly increase. With 67M ETH very close to profitability, a breakthrough may lead to a surge above $4,570.
The price of Ethereum (ETH) increased by about 40% last week as a result of the overall market boom. 6.61 million investors will soon see their Ethereum portfolio turn green as the price of ETH surpasses $2,500. An further 3% gain may shake out over $800 million in bearish holdings, while more short liquidations are wiping out ETH bears. Could Ethereum return to $3,000 as a result of over 67 million ETH being lucrative and forcing sellers to sell?
Ethereum price surge reclaims $2,500; marks keys pattern breakout
The quick rise in the price of Ethereum from $1,812 to $2,584 between May 8 and May 10 produced three bullish candles in a row, representing a 42% increase. The triple white soldier pattern is a powerful bullish indication of heightened purchasing pressure.
The change in price trend satisfies growing expectations for a more robust recovery and an extended Ethereum bull run. The reverse run surpassed the March 2 top at $2,517 to complete a “U” shape on the chart, having begun at the two-year low of $1,386 during the tariff disputes. This pattern, which indicates a trend reversal, is called a rounding bottom.
Bulls expect a breakthrough from this pattern and a further rise as long as Ethereum stays over $2,500. The price objective, which suggests an 81% surge to $4,570, is calculated by adding the depth of the “U” shape to the breakout point. This is consistent with the Ethereum price projection, which calls for a significant increase in 2025.
A significant turning point in the positive trend, the price of ETH also trades above the 200-day Exponential Moving Average (EMA), suggesting an extension. The Relative Strength Index (RSI) enters the overbought zone, suggesting significant buyer domination, as a result of the trend momentum surge supporting Ethereum’s advance. But it also alerts them to temporary fixes.
On the other hand, the uptrend will be canceled if Ethereum falls below the crucial support intersection of the 50% Fibonacci level and the 200-day EMA, which is close to $2,430. The 100-day EMA at $2,144 may be retested in the event of a potential collapse.
A 3% move risks huge liquidation risks for Ethereum
Short bets in Ethereum are very risky as a result of Pectra’s upgrading and the general market rebound that is driving Ethereum’s recovery. According to Coinglass’s ETH Exchange Liquidation Map, the total short liquidation leverage at $2,586 is $786M. Therefore, a forced exit of large bearish positions may result in a short squeeze if the bull run extends by a further 3%.
On the other hand, a long liquidation risk of $715 million is at $2,438—a nearly 3% decline from the current price of ETH. Therefore, a 3 percent movement on either side can cause Ethereum to move sharply in one way.
Will 6.61 million investors turn profitable today?
According to IntoTheBlock’s Global In/Out of the Money (GIOM) statistics, 6.61 million investors are almost ready to make money off of their 66.96 million Ethereum supply amid the rising price of the cryptocurrency. The average purchase price for investors is $2,462, with a range of $2,360 to $2,557. A crossing above $2,557 will formally mark the approximately 67 million supply as lucrative as the upswing surpasses the break-even threshold. This can provide a solid support zone and strengthen the current bullish trend.
In conclusion, ETH prices might soar if a possible leverage-driven rally that coincides with the 67 million supply becomes a profit. The technical chart indicates that the breakout surge aims for $4,570; a crucial stop might be the psychological mark of $3,000.
Pepe Coin price targets new ATH as sellers lose $1M in 4 hours
The price of Pepe currency rises 7% as short liquidations surpass $1 million in just four hours. Is a fresh all-time high breakthrough imminent for PEPE?
The price of Pepe Coin (PEPE) increased by about 7% today to $0.00001453, extending the 68% gain seen the previous week. A crucial level breakout to prolong the rally this week is hinted at by the current bull run. Furthermore, in only four hours, the PEPE price spike wipes out $1.14 million worth of negative bets, signaling a successful start to the week. Will the Pepe coin comeback set a new record high?
PEPE price analysis targets massive breakout rally
After 100 days, PEPE last traded on January 31 at a market price of $0.00001453. The 200-day Exponential Moving Average (EMA) and the 61.80% Fibonacci milestone at $0.00001426 have both been overtaken by the more robust recovery. As investors observe a rounded bottom breakout on the Pepe technical chart, this is a significant breakout.
Between February 1 and March 10, the price of PEPE dropped by about 60%, from $0.00001386 to $0.000005698. With a neckline at the 61.80% Fibonacci level, Pepe price movement produces a semi-circle shape known as a rounding bottom pattern after bottoming out above the $0.0000050 psychological demand zone.
The PEPE price is now trading above the neckline, and a daily closing above $0.00001426 would indicate a clear breakout and show a potential upside of 170%. By adding the semicircle’s depth to the breakout point, the objective is calculated to be $0.00003864. As a result, Coingape’s bullish PEPE coin price prediction is in line with the pattern breakout’s optimistic aim.
The 200-day EMA is surpassed by the frog-themed meme currency, which also causes the 50 and 100 daily EMAs to rise, suggesting a bullish crossing. Moreover, enhanced trend momentum is reflected in the rising MACD and signal lines with a rush of green histograms.
The 100% level at $0.00002649, a 75% increase, is the aim of the retracement tool based on the probable 61.80% Fibonacci level breakthrough. Pepe’s prospective move to a new all-time high might be hampered by a little obstacle at the 78.60% level close to $0.00001870. However, Pepe’s movement inside the pattern may be prolonged if daily closure is not driven above the neckline.
On the other hand, the reversal pattern will be void if the price breaks below the 38.20% Fibonacci level close to the psychological support of $0.000010. At $0.000007669, the next support is still present.
Pepe bulls absorb $18.55M supply spike last week
A short-term struggle between long-term investors and short-term profit-takers is reflected in PEPE’s most recent increase. Pepe Spot Inflow/Outflow statistics from Coinglass indicates that on May 12, there was a netflow of $10.52 million into exchanges, while last week, there was an inflow of $18.55 million. The Pepe rise persists despite a surge in supply as buyers counteract selling pressure, indicating the bulls’ underlying resilience.
According to data from IntoTheBlock, for the past few weeks, the average holding period of transacted coins has remained below one month. This shows that while long-term holders remain on the sidelines, short-term traders record profits.
Open Interest nears $600M as $1M of short positions liquidate
As the data from futures matches the increasing optimism, PEPE’s movement picks up speed. Coinglass reports that a massive increase in leveraged trading activity is reflected in the Open Interest (OI) in PEPE futures, which is approaching the $600 million milestone.
A short liquidation of over $1 million in four hours signaling triggered the unwinding of bearish bets, providing a positive perspective to the increasing OI. The likelihood of a new breakout surge grew as the traders who were betting against PEPE were taken by surprise.
