TLDR:
- Metaplanet boosts Bitcoin holdings to 18,888 BTC, valued at $1.94B, with an average purchase cost of $102,653.
- The firm’s latest $93M Bitcoin buy came at $120,006 per BTC, showing conviction at high structural levels.
- Dormant Bitcoin wallets moved 31,967 BTC worth $3.78B, marking the largest transfer from this group in a year.
- Bitcoin trades at $115,274, down 2.45% in 24h and 5.54% in 7d, with $30B in daily trading volume.
Metaplanet, a publicly listed Japanese company, has continued its aggressive strategy of accumulating Bitcoin.
The firm recently confirmed the purchase of 775 bitcoins, valued at approximately $93 million, according to its latest disclosure. This addition raised its total holdings to 18,888 bitcoins, with a combined acquisition value of about $1.94 billion.
Chief executive Simon Gerovich reported that the latest purchase came at an average price of $120,006 per coin. He further noted that the company has achieved a 480.2% yield in 2025, positioning Bitcoin not just as a treasury reserve but as an active performance driver. The statement was shared publicly through Gerovich’s X account.
Market watchers compared Metaplanet’s role to that of MicroStrategy in the United States.
Metaplanet isn’t just stacking sats. They’re operationalizing the next phase of reflexivity.
Here’s the scarv cut:
1. Signal Integrity – They’ve bought at $120K, not $20K, not $60K. This destroys the “too late” myth. It proves corporate conviction at structurally higher price…
— SightBringer (@_The_Prophet__) August 18, 2025
Crypto analyst SightBringer suggested that the Japanese firm’s approach serves as a bridge for corporate adoption across Asia. He described the company’s strategy as more than accumulation, calling it “narrative engineering” that could reshape Bitcoin’s global presence.
Analysts argue that the scale and timing of the latest buy also signal corporate conviction at structurally higher price levels. By entering at over $120,000 per coin, Metaplanet’s move challenges the notion that Bitcoin purchases are only strategic at lower valuations.
Dormant Bitcoin Wallets Record Massive Movement
While Metaplanet expanded its reserves, blockchain data revealed a large transaction from long-dormant Bitcoin wallets. According to on-chain observer Maartunn, 31,967 bitcoins worth around $3.78 billion were transferred from addresses inactive for three to five years.
He noted that such movements often precede turning points in the market. Historically, similar wallet activations have been linked to both major price bottoms and temporary tops. The latest transaction was the largest transfer from this age group in more than a year.
📊 Large move of dormant BTC (3y–5y old) spotted.
💰 31,967 BTC (~$3.78B) just moved.
⏳ Largest move from this age group in over a year.Historically, similar moves have marked major turning points in price —
sometimes a bottom, sometimes a top. pic.twitter.com/21iodL07OS— Maartunn (@JA_Maartun) August 17, 2025
These dormant wallet movements have drawn attention because of their potential influence on supply dynamics. A sudden release of older coins often sparks speculation about whether long-term holders are preparing to liquidate or reposition. Market participants are now closely monitoring follow-up transactions to assess possible selling pressure.
The timing of the transfer coincided with heightened volatility across the Bitcoin market. Traders remain cautious about the possibility that older supply entering circulation could add downward pressure if sold.
Bitcoin Price Reacts with Downward Pressure
According to CoinGecko, Bitcoin was trading at $115,274 at the time of writing. This represented a 2.45% decline over the past 24 hours and a 5.54% drop across the last seven days. Trading volume remained high, reaching over $30 billion in daily activity.
Market participants have tied the recent pullback to profit-taking and the sudden reactivation of dormant supply. While Metaplanet’s large-scale purchases showed institutional confidence, traders highlighted that such corporate buys do not immediately offset near-term selling.
Analysts suggest that Bitcoin remains in a consolidation phase, with volatility likely to persist. Both institutional accumulation and dormant wallet activity are now viewed as competing forces influencing short-term market direction.
