Japanese firm Metaplanet buys $28 million worth of Bitcoins, becoming a major player in the Asian Bitcoin market. Analysts predict Bitcoin price trends and market competition with gold.
Japanese investment company Metaplanet increased its BTC reserves to over $414 million by purchasing new Bitcoins worth $28.2 million. With a total of 4,855 Bitcoins, Metaplanet has become the tenth largest Bitcoin holder globally and the largest corporate Bitcoin holder in Asia. Analysts predict Bitcoin prices to hit a low in the third quarter of this year and peak in mid-2026. They also believe Bitcoin could surpass $1.8 million by 2035 and compete with the gold market value.
