Metaplanet Acquires 2,823 Bitcoin, Total Holdings Reach 43,000
- Increased Bitcoin Holdings: On July 2, Metaplanet acquired an additional 2,823 Bitcoin, raising its total holdings to 43,000, demonstrating its ongoing strategy of aggressive Bitcoin accumulation in 2024 and solidifying its position among the largest public companies in Bitcoin reserves.
- Significant Financial Performance: For the fiscal year 2025, Metaplanet reported revenues of 8.9 billion yen, a 738% year-over-year increase, despite a net loss of 95 billion yen due to unrealized Bitcoin valuation losses; however, its operating profit surged by 1,694.5%, indicating strong business growth potential.
- Expansion into Financial Ecosystem: Metaplanet acquired regulated brokerage Siiibo Securities for approximately 2.1 billion yen, planning to integrate it into its Project Nova initiative, which aims to launch Bitcoin-linked bonds and digital asset products, thereby expanding its financial services.
- Enhanced Market Position: With this acquisition, Metaplanet surpassed MARA Holdings in Bitcoin holdings, becoming the third-largest public company globally, showcasing its competitiveness and influence in the cryptocurrency market.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 52306.428 | 55053.309 | 57968.228 | 60715.109 | 63630.028 | 66376.909 | 69291.828 |
| Fibonacci | 55053.309 | 57216.117 | 58552.301 | 60715.109 | 62877.917 | 64214.101 | 66376.909 |
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