Two of the largest business holders of companies, strategy (formerly MicroSstratey) and the Metaplanet established in Japan have considerably expanded their crypto treasure box this week.
According to individual announcements of 19 May, both companies jointly took over 8,394 BTC, which spend almost $ 870 million. This follows on their Koopspree the last week, when the companies have added nearly 15,000 BTC.
As a result, the two companies have collected more than 23,000 BTC in the past two weeks worth more than $ 2 billion, indicating their strong conviction in the long -term value of Bitcoin.
Strategy at the top 576k BTC but is confronted
On May 19, strategy reported On the US Securities and Exchange Commission (SEC) that she acquired 7,390 BTC between May 12 and May 18.
The company said it spent $ 764.9 million in this purchase, which means that each coin was purchased at an average price of $ 103,498.
The company financed the last acquisition by selling shares. It raised $ 705.7 million from the sale of more than 1.7 million MSTR shares and another $ 59.7 million from 621,555 STRK shares.
In the meantime, the newest purchase pushes the total importance of the Michael Saylor-conducted company to 576.230 BTC, making it the largest Bitcoin holder among listed companies.
According to the SEC application, these assets were obtained by around $ 40.18 billion, which implies an average price of $ 69,726 per bitcoin. At the current market rates, the stock of the company is appreciated at around $ 59.09 billion, with almost $ 19 billion in non -realized profits.
Despite the profit, however, the Bitcoin-first approach of the strategy seems to have led legal challenges of dissatisfied shareholders.
On May 18, Pomerantz LLP submitted A Class Action -Right store Without a head plaintiffAnd claimed that the strategy has misled shareholders on the same day, has submitted more than 50 other Class-Action suits against other companies.
The complaints argued that the company overestimated the potential returns of Bitcoin and trivialized the risks of the volatility of the best digital activum. It also suggested that the public communication of the company did not reflect the material risks and possibly proposed the long -term provision of BTC incorrectly.
The law firm behind this lawsuit is known for submitting large quantities of similar cases, which causes doubts about the number of investors that the PAH represents.
Metaplanet Stock surpasses Toyota after doubling on Bitcoin
Metaplanet also confirmed that it bought 1,004 BTC for around $ 104.6 million.
This marks the second purchase of the company above 1,000 BTC, so that its total interests are brought to 7,800 BTC worth around $ 807 million.
The company listed by Tokyo began to collect Bitcoin in April 2024 and wants to reach 10,000 BTC towards the end of 2025. facts From the treasuries of Bitcoin it is now the largest public holder of Bitcoin and is one of the worldwide top ten.
In the meantime, the Crypto strategy of Metaplanet seems to be bearing fruit in the stock market.
On May 19 Simon Gerovich, CEO of Metaplanet reported The fact that the shares of the company were the ninth most traded on the fairs of Japan, with a daily turnover of 61.69 billion yen (about $ 425 million), who exceed business giants such as Toyota, Softbank and Nintendo.