Metaplanet has purchased 619.7 BTC for 9.5 billion JPY (60.5 million USD), raising its total to 1,761.98 BTC, currently valued over 164 million USD. This aligns with similar strategies used by MAJOR players like MicroStrategy.
Bitcoin trades around 98,180 USD with resistance at 99,350 USD. A break above this level might trigger a rally toward 100,000 USD, highlighting the importance of market momentum in absorbing this new acquisition.