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Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million. The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335. 0.01% of Total Bitcoin Supply In a February 20 X post, the company highlighted that its BTC reserves now make up “0.01% of total Bitcoin supply.” The Japanese investment firm has been rapidly increasing its Bitcoin holdings as part of its treasury operations. According to its “Bitcoin Plan,” shared on January 28, Metaplanet aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. The outfit has significantly increased its purchases of the number one cryptocurrency since mid-2024 when it started using it as a way to protect against inflation. This latest acquisition comes shortly after a previous one earlier this week, where the firm bought 269.43 BTC worth $25.6 million, bringing its total holdings to 2,031 BTC. Before that, Metaplanet had made several other purchases, including its largest one to date in December 2024, when it obtained nearly 620 BTC worth $60.6 million. CEO Simon Gerovich has said that adopting the Bitcoin Standard has been a game-changer, helping establish Metaplanet as Tokyo’s top BTC-focused company. Over the past year, its stock price has surged by more than 4,000%. Additionally, the firm is set to be included in the MSCI Japan Index on February 28, a move expected to attract more investors. Capital Market Activities Metaplanet has been growing its reserves through its Bitcoin Treasury Operations, which officially became a business line on December 18, 2024. The company has been funding these purchases using capital market activities and its revenue. In line with this, its Board of Directors has approved several financial moves. On January 28, 2025, it issued 21 million stock acquisition rights to EVO FUND in five tranches with an adjustable exercise price. On February 10, it also issued zero-coupon bonds worth 4 billion yen to EVO FUND, with the money set aside to buy Bitcoin. By February 13, Metaplanet had received the full 4 billion yen and adjusted its spending to speed up BTC acquisitions. On February 19, it redeemed 2 billion yen of these bonds early, using money from EVO FUND’s exercise of stock acquisition rights. Between February 18 and 19, just over 11% of the 13th Series of stock acquisition rights were exercised, raising 3.02 billion yen and contributing 2.38% toward Metaplanet’s “21 Million Plan.” The post Metaplanet Expands Bitcoin Holdings to 2,100 BTC with $6.6M Acquisition appeared first on CryptoPotato.

As of February 20, 2025, Bitcoin $BTC is trading at approximately $95,811. Short-Term Price Predictions Analysts have provided various forecasts for Bitcoin's performance over the next 90 days: CoinCodex anticipates that Bitcoin's price could range between $105,997 and $111,313 over the next week, suggesting a potential increase of up to 5.01% by March 3, 2025. 30 Rates projects that Bitcoin could reach $108,663 by April 2025, representing a 13.7% increase from the current price. NewsBTC reports that market expert Timothy Peterson predicts Bitcoin could reach $100,000 within the next 90 days, considering this projection "entirely reasonable." Factors Influencing Bitcoin's Price Several elements could impact Bitcoin's price trajectory: Market Sentiment: Investor confidence and macroeconomic factors play crucial roles in Bitcoin's valuation. Regulatory Developments: Changes in cryptocurrency regulations can significantly influence market dynamics. Technological Advancements: Upgrades to the Bitcoin network or broader blockchain technology can affect its adoption and price. Conclusion While short-term forecasts suggest potential growth for Bitcoin, it's essential to approach these predictions with caution due to the inherent volatility of the cryptocurrency market. Investors should conduct thorough research and consider their risk tolerance before engaging with Bitcoin. $BTC #BTC #Write2Earn

Bitcoin’s future is on everyone’s mind, and top experts are predicting big things for its price in 2025. From $200,000 to over $1 million, the guesses vary widely. While few experts believe Bitcoin could replace gold and rise significantly, Strategy’s Michael Saylor anticipates its market cap reaching $180 trillion. Matthew Sigel, Head of Digital Assets Research at Vaneck, offered his views on Bitcoin’s future, predicting that either the U.S. federal government or at least one U.S. state could establish a Bitcoin strategic reserve. In an interview with David Lin , he opened up about a pattern in Bitcoin’s price, where it has been making lower highs and lower lows, signaling the need for adoption by central banks or governments to reduce volatility. Sigel’s forecast includes an ambitious $180,000 price target for Bitcoin by 2025 end. Vaneck’s prediction relies on a three-phase approach. In the medium term, Sigel draws parallels to gold, focusing on the 50% of gold used for speculative purposes, suggesting that Bitcoin could reach a market cap similar to that, resulting in a $450,000 price target. Related: Bitcoin on Short Squeeze Watch? Potential $1 Billion Liquidations in Play The expert also acknowledged Bitcoin’s historical four-year cycle, which tends to produce huge returns following the “halving.” With the most explosive phase of Bitcoin’s market often seen in the year following the halving, he expects 2025 to be a strong year, though the returns may be smaller compared to previous cycles. Sigel’s base case for 2025 is that Bitcoin could see a 1,000% price return, bringing it to around $180K. While Bitcoin’s targets seem achievable in the long term due to Trump’s pro-crypto stance, it’s struggling to break key levels like $98k in the short term. Related: Changpeng Zhao Asks: Is US Government Quietly Buying Bitcoin If the price goes up, the next resistance is at $99,348, with the ideal pullback area between $96,926 and $97,360. For a stronger bullish trend, Bitcoin needs to break above $102,527. The overall trend is expected to remain bullish as long as these support levels hold. However, the market is still flexible, and the predictions could change based on price actions. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

While bitcoin prices have been somewhat stagnant in recent weeks, there are those who believe there is still room for growth. Adam Back, a British cryptographer and cypherpunk whose name appears in the Bitcoin whitepaper, recently stated that while there has been some consolidation in the market, bitcoin is ready to reach new heights due to fundamental market dynamics. In an interview with CNBC, Back highlighted that we could be in the early stages of a bitcoin bull market. “Typically the bull market cycle lasts for a certain period after the halving and so we’re still in the early innings,” Back stressed, highlighting the increased demand for bitcoin that both institutions and retail were exerting in the wider market. Back remarked that there was strong demand from bitcoin exchange-traded funds (ETFs), instruments that allow institutions to invest in bitcoin without worrying about custody. He estimated that the demand from these sources is roughly double the daily bitcoin production. He also counted on one of the largest sources of demand in the market today: Michael Saylor’s Strategy, which is also siphoning twice the number of bitcoin produced each day. This means that only these two sources are absorbing four times the bitcoin produced, foreshadowing an incoming bitcoin supply shock. Nonetheless, if the sovereign treasuries come in, with countries buying bitcoin for their country reserves, Back states that prices would skyrocket. Nations would have to compete with other traditional demand sources for the bitcoin available in the market. “You’d see sovereign competition. As soon as one of the bigger countries jumps in, I think the others will feel forced to follow suit so that would you know all bets would be off if that happens,” Back concluded. Read more: The Many Facts Pointing to Adam Back Being Satoshi Nakamoto 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more than 90%. A Social Experiment In a February 19 post on X, the founder criticized the meme coin space, stating: “The entire ecosystem is Greed and nothing else. Go dump on each other peasants but don’t complain to me if you lose money. You are all greedy. At least admit it.” He then launched $GREED presenting it as a social experiment and a reflection of the true nature of the sector. According to blockchain analytics firm Lookonchain, Portnoy issued the token and purchased 357.92 million units, representing 35.79% of the total supply. Its market capitalization quickly surged to $30 million. Despite initially claiming he would not sell anytime soon, the 47-year-old offloaded his entire position within an hour in a single transaction, causing $GREED’s value to plummet by 99% to below $3 million. Lookonchain reported that he profited approximately $258,000 from the meme coin. Shortly after, Portnoy launched another token, GREED2. He currently holds 268.25 million of them, making up 26.8% of the total supply. In a final twist, the media mogul returned to X, stating that he had only promised not to sell one coin, referring to the Solana meme token Stool Prisondente (JAILSTOOL). He emphasized that he was free to sell everything else and had warned people not to buy. Portnoy first revealed his purchase of 57.16 million JAILSTOOL tokens on February 9. Shortly after, he sold the entire stack, exchanging it for roughly 586 SOL. However, he quickly bought back even more, spending over 1,000 SOL to acquire just over 23 million coins. Following an initial spike and dip, JAILSTOOL’s market cap surged past $100 million as the entrepreneur fueled its viral appeal. The coin’s value more than doubled, reaching an all-time high of nearly $218 million. Currently, the meme cryptocurrency is trading around the $0.0158 level, a 19.1% drop in the last 24 hours. It has suffered a more marked loss over seven days, shaving a massive 77.3% off its value. Meme Token Controversy The social media personality’s move with GREED comes amid a raging scandal in the meme coin space, specifically surrounding the LIBRA token. The asset, promoted by Argentine President Javier Milei, saw its market cap quickly reach $4.4 billion before plummeting massively. Its collapse fueled reports of insider trading and market manipulation with some allegedly cashing out over $100 million. Pump.fun founder Alen Cohen criticized LIBRA’s launch, arguing that meme coin creation should be decentralized and free from developer or market maker control to ensure fairness. He warned that the situation exposed flaws in the crypto sector, highlighting how bad actors exploit investors. Meanwhile, Meteora co-founder Ben Chow has resigned amid allegations of financial misconduct linked to the situation. The post Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour appeared first on CryptoPotato.