Bitcoin (BTC) has recently surged, targeting a breakthrough of $111,000, driven by significant corporate acquisitions and market recovery. Of particular note is the recent buy of $112 million of BTC by Metaplanet, which increased its holdings to 20,000 BTC and made it Japan’s largest corporate BTC investor.
Metaplanet’s Big Bitcoin Buy
Metaplanet bought 1,009 BTC for about ¥16.48 billion ($112 million). It is not only adding to its war chest but is also among the world’s biggest listed companies to hold BTC. Metaplanet’s overall Bitcoin holdings amount to 20,000 BTC and further cements its fanatical Bitcoin-first strategy.
Aside from this purchase, Metaplanet posted a 30.7% BTC return in the July-September quarter. While lower than the previous quarter’s record 129.4%, it is still a testament to raw accumulation.
BTC Market Dynamics
On 2nd September, 2025, Bitcoin was at $110,430, rising 2.25%. The cryptocurrency has been able to hold firm, retaining above the key $110,000 mark as it has oscillated between $107,480 and $110,578 over the last 24 hours.
The remainder of the cryptocurrency market gained 2% as well, fueled by increased trading volumes and waning selling pressure. Experts attribute that BTC’s $111,000 resistance level can spur a short squeeze that might propel prices to $112,500–$113,500 if it breaks through successfully.
Upcoming Events and Investor Sentiment
El Salvador hosts its first government-sponsored Bitcoin conference, “BITCOIN HISTÓRICO,” in November. Max Keiser and Jack Mallers are some of the speakers. The mission of the conference is to examine Bitcoin’s role in the future of money and cultural rejuvenation.
While such positive trends are in place, Metaplanet shares have fallen under pressure, down 5.46% on 1 September. Analysts attribute this to softer market trends and not the disapproval of Metaplanet’s Bitcoin strategy. Investor confidence can be based on success in terms of weathering short-term volatility and market sentiment. As Bitcoin continues to solidify its place in the financial landscape, breakthroughs like the upcoming-to-be-held El Salvador conference will continue to shape its trajectory.
