Bitcoin’s meteoric rise continues as the cryptocurrency smashes through $122,000 – and Japanese investment firm Metaplanet is racing to expand its holdings. The company just added 797 more BTC to its growing stash, bringing its total to 16,353 BTC (worth ~$2 billion at current prices).
Metaplanet’s Bitcoin Shopping Spree
- Latest purchase: 797 BTC at $117,451 each
- Total holdings: 16,353 BTC (54.5% of 30K target)
- Previous buy: 2,205 BTC ($238.7M) just last week
Dubbed the “Asian MicroStrategy”, Metaplanet is clearly betting big on Bitcoin’s long-term potential. CEO Simon Gerovich has been vocal about the company’s plans to hold 30,000 BTC by 2025’s end.
Why This Matters
✅ Institutional validation – Major firms keep stacking BTC
✅ Price momentum – Bitcoin up 3.89% in 24 hours to $122,606
✅ Growing adoption – More companies treating BTC as treasury asset
Robert Kiyosaki’s “Banana Zone” Warning
The Rich Dad Poor Dad author recently:
- Bought more BTC at $110K
- Warned we’re entering the “Banana Zone” (late-stage bull market)
- Cautioned about volatility from FOMO buying
- Still urged investors to “get positioned before it’s too late”
What’s Next for Bitcoin?
With Crypto Week kicking off today (July 14), key developments could fuel more gains:
- GENIUS Stablecoin Act vote
- CLARITY Act consideration
- Charles Hoskinson’s $250K BTC prediction
As institutions like Metaplanet keep buying and regulations potentially improve, Bitcoin’s $122K ATH might just be the beginning.