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Showing posts with the label bitcoin holdings

Metaplanet’s Enterprise Value Tumbles Below Bitcoin Holdings, Stock Plunges 12%

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Metaplanet’s enterprise value has slumped below the value of its Bitcoin reserves as the crypto’s price plunge pressures Asia’s largest BTC treasury firm. The Japan-based company’s mNAV — the ratio of market capitalization plus debt to the value of its crypto holdings — dropped to 0.99 during today’s trading session, Bloomberg reported, citing data from Metaplanet’s website. Metaplanet’s share price plunged more than 12% in the past 24 hours, extending a dizzying 70% correction since June, according to Google Finance. Metaplanet share price (Source: Google Finance ) Metaplanet’s shares are also down more than 19% over the past week The declining share price is one of the main drivers for the company’s falling mNAV, and the stock remains under pressure. Looking at the daily chart for Metaplanet’s share price, a major bearish technical flag has been triggered in the past couple of days, with the 50 Simple M...

Who holds more Bitcoin: BlackRock or Michael Saylor’s Strategy?

Strategy (formerly Microstrategy) and BlackRock currently hold the largest known institutional Bitcoin (BTC) positions, now neck-and-neck in their holdings. According to the latest data, Strategy (NASDAQ: MSTR) has accumulated approximately 592,100 BTC worth over $63.3 billion at press time, while BlackRock controls 669,523 BTC valued at approximately $71.41 billion through its iShares Bitcoin Trust (IBIT). Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 $BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/n7q77DmqCY — Michael Saylor (@saylor) June 16, 2025 Strategy’s latest disclosed purchase involved acquiring 10,100 Bitcoin for $1 billion at an average price of $104,080 per coin. The purchase occurred during market volatility triggered by escalating Israel-Iran tensions, as Bitcoin dropped from $110,000 t...

Rumble stock price prediction as CEO follows MicroStrategy’s Bitcoin steps

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Rumble Inc (NASDAQ: RUM) CEO Chris Pavlovski publicly considered adding Bitcoin (BTC) to the company’s balance sheet on November 19. MicroStrategy Inc (NASDAQ: MSTR) Founder and Chairman Michael Saylor offered support, quickly making Rumble stock surge before the market’s closing. https://twitter.com/saylor/status/1858945523258159169 Looking ahead, Finbold turned to artificial intelligence (AI) models and asked for a price prediction to RUM for 2025 year-end. Notably, since MicroStrategy acquired Bitcoin for the first time on August 11, 2020, BTC is up 732% by press time. Meanwhile, MSTR stock surged by 2,938% in the same period, going from $14.44 to $438.76 per share. Picks for you ‘Rich Dad’ R. Kiyosaki makes super bullish Bitcoin prediction 46 mins ago ...