Metaplanet reports that it has recently acquired 1,088 Bitcoin, which is valued at approximately $117.3 million. The current total worth of the holdings is roughly $900 million.
With its most recent daring action, Metaplanet Inc. is creating a stir in the cryptocurrency world by adding 1,088 Bitcoin to its already sizeable stockpiles. The Japanese company currently owns 8,888 BTC, or almost $933 million, after this most recent acquisition.
Metaplanet expands Bitcoin holdings with this latest purchase
The Japanese investment firm Metaplanet disclosed its strategic Bitcoin buy that increased its assets to a sizeable sum in an X post dated June 2, 2025. “Metaplanet Acquires Additional 1,088 BTC, Total Holdings Reach 8,888 BTC,” stated the X post.
*Metaplanet Acquires Additional 1,088 $BTC, Total Holdings Reach 8,888 BTC* pic.twitter.com/X2clAIKNbR
— Metaplanet Inc. (@Metaplanet_JP) June 2, 2025
According to CEO Simon Gerovich, the business bought 1,088 Bitcoin at an average price of $107,771 per coin, yielding a 225.4% return on investment so far this year. This transaction cost $117.3 million in total, while the company’s 8,888 BTC holdings were purchased for about $829.7 million, or $93,354 per Bitcoin on average.
The price of the shares of Metaplanet Inc. (3350.T) has increased significantly in reaction to this noteworthy development. The shares were up 2.62% to 1,095 yen at the time of writing. Yahoo Finance reports that the stock has had an impressive increase of more than 155% in a single month and close to 214% so far this year.
Metaplanet’s Bitcoin buying spree continues
This deal is noteworthy since, according to data, Metaplanet recently raised $50 million with zero-coupon bonds. A further $21 million in interest-free bonds were disclosed by the Japanese company as part of its Bitcoin acquisition plan.
The BTC Yield has fluctuated significantly as the corporation maintains its BTC buying strategies, with returns of 41.7% from Q3 2024, 309.8% from Q4 2024, 95.6% in Q1 2025, and 66.3% thus far in Q2 2025. The most recent acquisition secures roughly 88.9% of the 10,000 BTC that the company plans to buy in total by 2025.
In a recent X discussion, Gerovich discussed the company’s Bitcoin acquisition agreement and its importance.
In Bitcoin, volatility isn’t a bug. It’s the signal. It’s energy. It’s our fuel. It powers the flywheel. It accelerates BTC accumulation. And most importantly, it serves as a magnet for capital.
Notably, Metaplanet moved above the critical $105k when Bitcoin was trading in the green zone. As of this writing, Bitcoin is trading at $104,968, up 0.41% over the previous day. Bitcoin has experienced a noteworthy 8% increase in value over the last month. Additionally, there has been a slight 3% increase in trade volume, reaching $37.45 billion.
CZ proposes privacy-driven “dark pool” DEX for preps, stirring industry buzz
Former Binance CEO Changpeng Zhao (CZ) has suggested a decentralized exchange (DEX) that resembles a perpetual futures dark pool.
Could trader James Wynn’s recent large-scale transactions on Hyperliquid, often known as the Hyperliquid 40x whale, be connected to CZ’s audacious proposal?
Dark pool prep DEX: A groundbreaking idea from Changpeng Zhao?
Changpeng Zhao (CZ) riled up the cryptocurrency community on June 1, 2025, with a post on X. In it, he put up the idea of a decentralized exchange (DEX) for eternal futures in the vein of a dark pool.
The overwhelming transparency of current DEXs, where all trade orders are publicly published in real-time, was a point raised by CZ in his post.
“I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations,” CZ shared.
CZ clarified by saying that if a trader posts a $1 billion cryptocurrency buy order on a DEX, other traders may see and try to purchase before them. This is referred to as front-running.
Slippage, higher transaction costs, and disadvantageous prices are the results of this behavior. The dangers are significantly higher in perpetual futures since other traders may manipulate the market to force you into a loss if your liquidation point is disclosed.
CZ suggested a dark pool as a solution. Trade-in perpetual futures orders are concealed in this model. Dark pool perp DEXs could accomplish this by using encryption methods such as Zero-Knowledge Proofs (ZK) to safeguard data. CZ claims that this would give dealers security and privacy.
Did James Wynn spark CZ’s new idea?
Recent occurrences, especially the James Wynn case, appear to have influenced CZ’s concept. James immediately made a lot of money on Hyperliquid, but he lost it all in a matter of days.
The perps casino was fun. Zero regrets. Flipping $4m to $100m and back down to -$13m is one hell of a thrill. Hope many of you enjoyed it as much as I did.
Most wouldn’t dare or dream to place these kind of trades. Well, they can’t, they don’t have the money to do so, nor the…
— The Meme Farther (@JamesWynnReal) May 30, 2025
These striking results were the result of Wynn’s high leverage and risk-taking attitude. Notably, another trader used a different approach and made remarkable profits when Wynn was forced to liquidate and suffered large loses.
BeInCrypto reported data from Lookonchain that showed that trader 0x2258 shorted while James Wynn purchased, and vice versa. Wynn lost $98 million as a result of this method, but 0x2258 made $17 million.
DonCryptoDraper was one of the voices on X that backed CZ’s proposal.
agreed. I opened a 13.27 dollar long the other day and immediately the whales saw my order on the DEX, dumped and liquidated me. I demand a refund.
— doncrypto (@DonCryptoDraper) June 1, 2025
Crypto trader EnHeng also thought that CZ’s concept of dark pool perp DEX was a good move.
“They’re solid DEXs on their own, but we haven’t really seen a project that combines dark pool mechanisms with perpetual contracts yet. That’s actually a very promising direction,” EnHeng456 said.
Additionally, some traders conjectured that CZ’s concept would soon be introduced on BNB Chain.
“The boss just casually dropped a billion-dollar idea on a Sunday. ZK + Perps + Dark Pools = Real alpha. And imagine this launching on BNB Chain,” a trader shared.
XRP holds key support as Wall Street’s quiet moves suggest imminent reversal
As new institutional tailwinds suggest a potential reversal, XRP is stabilizing close to a crucial support level.
As of this writing, XRP is trading at $2.17, down 6% over the previous week and 1.2% over the previous day. The token has fluctuated within a small range of $2.11 and $2.35 over the last seven days, suggesting that the market is unsure about its next move. The caution is supported by volume data.
With a trading volume of $1.51 billion over the last day, XRP has experienced an almost 37% drop in activity from the day before, suggesting a slowdown in spot market activity.
Volumes in the derivatives market also decreased. Coinglass data shows that open interest dropped 3.39% to $3.90 billion, while XRP futures volume dropped 37.85% to $2.97 billion.
Institutional interest in XRP is subtly increasing as short-term sentiment cools. Coinbase Institutional declared on May 29 that it would begin providing U.S. investors with round-the-clock trading access to XRP and Solana futures on June 13.
Starting June 13, we’re enabling 24×7 trading for $XRP and Solana ( $SOL ) futures, unlocking real-time access to U.S. traders, reflecting the always-on nature of crypto markets.
— Coinbase Institutional 🛡️ (@CoinbaseInsto) May 29, 2025
The action comes after Coinbase Derivatives, the company’s platform for CFTC-regulated XRP futures, was launched in April. According to Coinbase, the product is a capital-efficient way to get exposure to “one of the most liquid digital assets.” It is now working toward continuous market access to keep up with the 24/7 rhythm of cryptocurrency.
Ault Capital Group, a division of publicly traded Hyperscale Data, achieved another significant milestone. A Q3 release of an institutional XRP lending platform targeted at publicly traded firms on the Nasdaq and New York Stock Exchange was also announced by the firm on May 29.
All contracts will be tracked on-chain via the XRP Ledger, and the platform will offer asset-backed, futures-hedged loans. In order to promote the project and control volatility using Chicago Mercentile Exchange futures, ACG will purchase up to $10 million worth of XRP.
Technicals are still wary in spite of this institutional backdrop. The midline around $2.34 is currently serving as resistance, and the token is hovering just above the lower Bollinger Band around $2.12. The relative strength indicator is approaching oversold territory at 40.82, but it has not yet signaled a reversal.
All of the major periods’ moving averages flash sell signals, with the exception of the 200 estimated moving average, which is still supportive. This suggests that XRP is presently in a medium-term corrective phase even if it is still above its long-term trend floor. The short-term bearish bias is supported by the moving average convergence divergence, which has a negative value of -0.027 and is below the signal line.
The price of immediate support is $2.12. Given the historical consolidation, a collapse below this level would pave the door for testing the psychological $2.00 barrier, with greater structural support in the $1.91–$1.95 range.
The upper Bollinger Band at $2.56 and the 20-day simple moving average at $2.34 are the first resistance points on the upward. To restore trend dominance, bulls would have to take back these levels.
