Metaplanet, a Japanese public company, bought 5,419 Bitcoin in a single purchase and climbed into the ranks of the world’s largest corporate holders. Related Reading: Ripple CTO Drops Bombshell: XRP At The Core Of Trillions In Banking Future According to reports, the buy pushed its total holdings to 25,555 BTC. That move now places the firm among the top five corporate Bitcoin treasuries. Large Purchase And New Ranking Reports have disclosed the purchase cost around $632.5 million, at an average price of about $116,724 per Bitcoin. Market watchers noticed the company surpassed exchange-backed treasuries to claim the fifth spot. The company’s average cost basis across all holdings is said to be roughly $106,000 per BTC. The scale is significant, and the shift in ranking was immediate. Metaplanet’s leap drew attention because the company did not make the purchase quietly. Based on reports, it has been raising capital specifically to buy more Bitcoin. The Japanese firm has announced plans to raise around $1.4 billion through share and warrant issuances and other offerings. Those funds are earmarked for additional accumulation. The target gives a sense of their appetite: they aim to hold 210,000 BTC by the end of 2027, a figure that would amount to roughly one percent of all Bitcoin expected to exist. Metaplanet has acquired 5419 BTC for ~$632.53 million at ~$116,724 per bitcoin and has achieved BTC Yield of 395.1% YTD 2025. As of 9/22/2025, we hold 25,555 $BTC acquired for ~$2.71 billion at ~$106,065 per bitcoin. $MTPLF pic.twitter.com/CBhZi2X9lE — Simon Gerovich (@gerovich) September 22, 2025 Funding Moves And Strategy According to reports, the company is using equity sales to fund accumulation, including special share offerings. That approach shifts the balance of risk onto shareholders when Bitcoin swings widely. Some investors welcome the bold plan. Others worry about dilution and how repeated capital rounds could affect existing holders. The strategy is straightforward: raise money, buy Bitcoin, repeat. Some actions were passive at first, then became aggressive as the company accelerated purchases. Market response has been mixed. Stock traders reacted with volatility. The company’s share price saw both gains and pullbacks after the announcement. Some analysts flagged the obvious tradeoff—large Bitcoin exposure can deliver big upside when BTC rallies, but it also amplifies losses during sharp declines. Still, Metaplanet has posted strong headline gains: one source reported a year-to-date yield near 395% tied to the move into Bitcoin, though that figure depends heavily on Bitcoin’s performance over the same period. Related Reading: Bitcoin Is ‘Digital Capital’ That Outpaces Traditional Assets—Michael Saylor Ambitious Targets And Risks Market watchers say reaching 210,000 BTC by 2027 would require continued capital raises and big market buys. Such a plan would keep Metaplanet in the headlines for months and years ahead. If Bitcoin stumbles, the company’s balance sheet and shareholder returns would be tested. Regulatory shifts could also change the calculus, especially in Japan and other major markets. Featured image from Unsplash, chart from TradingView
Forward Industries currently has the largest solana treasury among publicly traded firms with 6.8 million SOL.
The company has also begun staking its TON holdings, which total 217.5 million tokens, to earn rewards and generate yield.
SOL Strategies Inc., the company that grew out of Cypherpunk Holdings, made its Nasdaq debut this week under the ticker STKE. According to reports, the move converts the company’s Canadian listings into a US trading venue and gives American investors direct access to a firm that holds a sizable Solana treasury. Related Reading: Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market The firm’s SOL holdings were valued at roughly $83 million–$94 million around the time of the listing, and SOL token prices were trading in the $214–$220 range as markets reacted. Nasdaq Debut And Trading Volatility According to market watchers, STKE opened around $12.85 on Nasdaq before tumbling to roughly $8.18 in early trades, showing heavy volatility in the first session. The company still maintains a presence in Canada, where it trades as HODL on the Canadian Securities Exchange, and its OTCQB shares (CYFRF) are being migrated into the Nasdaq listing. Reports have disclosed that the early price swings were driven by speculative flows and the usual market churn that follows a high-profile uplisting. A Bigger Picture On Holdings SOL Strategies has been built as a Solana-focused treasury and operational group. It runs validators, takes part in staking, and invests in projects inside the Solana ecosystem. The company’s holding size puts it among notable North American SOL treasuries, though some peers hold far more. For example, coverage shows Upexi Inc. holds about 1.9 million SOL, which was valued at roughly $319 million, while DeFi Development Corp holds about 1.18 million SOL, worth about $198 million at market rates cited in reports. Market Reaction And Investor Interest According to market coverage, the Nasdaq listing gave SOL Strategies fresh visibility and attracted both retail traders and institutional curiosity. The share-price swings were large enough to draw headlines, and trading volume spiked as investors weighed the risks and rewards of a treasury-backed crypto firm now trading on a major US exchange. Some traders treated STKE as a way to get indirect exposure to SOL, while others saw it as a pure equity play in a niche operator. Related Reading: Bitcoin Jumps Past $114K As Markets Eye Fed Easing After PPI Report Regulatory And Competitive Issues SOL Strategies is smaller than several competitors, raising questions about scale and sustainability if SOL volatility returns. Regulators and market watchers will likely keep a close eye on how crypto treasuries are presented to investors, and on disclosures about staking, validator income, and treasury management. Featured image from Google Images, chart from TradingView
The design firm turned digital-asset player secured backing from Galaxy Digital, Jump Crypto, and Multicoin Capital in what it calls the largest Solana-focused treasury financing to date.
The funds will be used to acquire an expected 3 billion ENA, according to StablecoinX, a dedicated treasury vehicle for the stablecoin protocol.
Dogecoin’s backers moved quickly this week to create what they call the first official DOGE treasury, pushing $175 million into a vehicle aimed at buying Dogecoin and bringing more institutional muscle to the token. Related Reading: Mastercard Stresses Crypto Is An Enhancement, Not A Substitute According to reports, the fund was set up through a private placement that issued 175,000,420 pre-funded warrants priced at $1 each, a structure meant to provide immediate capital for purchases. The plan has drawn big-name crypto firms and traditional investors. Funding And Structure Based on reports, the financing raised $175 million in total. Over 80 institutional and crypto-native investors are said to have taken part, with names like Pantera, GSR, FalconX, Mythos and Borderless listed among participants. The offering is expected to close around September 4, 2025, subject to regulatory approvals and the formal listing of the new warrants. CleanCore Solutions $ZONE is converting to become the first ever Dogecoin Treasury company in partnership with the House of Doge. Stock immediately plummets 59%. What a world. pic.twitter.com/xqHYHXixYu — Eric Balchunas (@EricBalchunas) September 2, 2025 The company tied to the move is CleanCore Solutions, which will house the program alongside a commercial arm called House of Doge. Markets reacted fast. CleanCore’s share price fell about 60%, sliding from roughly $6.85 to near $2.69 after the arrangement was disclosed. That drop reflected investor worries about dilution, execution risk, and how public markets would view a corporate play centered on a meme token. Trading in the warrants and the conversion mechanics were flagged by analysts as key details investors will watch closely. Leadership And Governance Reports have disclosed a noteworthy lineup of people and advisors. Alex Spiro, who has been publicly identified as an attorney for Elon Musk, is named to serve as Chairman of the Board at CleanCore. Timothy Stebbing, Director at the Dogecoin Foundation and CTO of House of Doge, will join CleanCore’s board, while Marco Margiotta, CEO of House of Doge, is slated to act as CleanCore’s Chief Investment Officer. Related Reading: Scam Tokens Prompt Shiba Inu Team To Issue Emergency Alert – Details The crypto-ETF firm 21Shares will advise on governance, capital allocation and strategy for the treasury. Those moves were described in filings and press releases tied to the deal. The effort aims to move Dogecoin from pure meme status toward something that can be held in a corporate reserve and used for payments, tokenization efforts, and other financial uses. According to statements circulating with the financing documents, the treasury would buy DOGE with the raised capital and could help create institutional-grade products around the token. Details about custody, trading rules and how purchases will be executed were not fully spelled out in initial disclosures. Featured image from Meta, chart from TradingView
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.
Tokenization of real-world assets (RWAs) is accelerating, bringing stablecoins, treasury bills, real estate and more into the crypto ecosystem, CZ added.
The sales' timing and amount will be determined by a variety of factors, including market prices, the company said.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.
Sentora's report warns that corporate adoption of bitcoin as a treasury asset is akin to playing 'balance sheet roulette.'
The reserve is funded through a process called Payment Abstraction and then automatically converts them into LINK, Chainlink said.
“Bitcoin was again approaching its 50-day moving average. Such frequent testing of the medium-term trend signal line indicates accumulated fatigue in the first cryptocurrency,” one analyst said.
Extending the BTC treasury plans to smaller altcoins has been described as "hugely speculative" and a "flash in the pan"
The Eleventh Circuit Court of Appeals ruled on July 3 that Coin Center could dismiss its lawsuit against the Treasury Department.
The Toronto-listed firm plans to use its 771 Bitcoin trove for institutional lending.
The fintech company strengthened its crypto strategy with a discounted share offering and a bitcoin acquisition plan.
The company is already buying some of the tokens after raising $55 million of new capital.
The number of public companies holding bitcoin in their treasuries has increased to 116 after surging with the election of Donald Trump.
The firm plans to invest not only in bitcoin, but also in ether and "regulated stablecoins," funded through existing equity facility and an institutional partnership.
Reitar will be buying bitcoin and VivoPower XRP.
Tariff reversal fuels bond sell-off as U.S.-China tensions escalate across tech and education sectors.
The firm, despite its ambitious plans to accumulate BTC, saw its shares plunge more than 12% in Friday's trading session.
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.
Russia’s Central Bank reports that Bitcoin has outpaced more traditional investments so far in 2025. Returns clocked in at nearly 40% over the past year. That makes it the top performer compared with gold, stocks and bonds. It’s a sign that more people in Moscow are warming up to cryptocurrencies for their daily money moves. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Bitcoin Leads 2025 Rally According to the Central Bank of Russia, Bitcoin’s cumulative return since 2022 has reached 121%. That towers over any gains seen in gold or corporate bonds during the same period. While gold managed only single‑digit increases, Bitcoin has nearly doubled its value in three years. That jump has grabbed the attention of investors who are used to slower returns from banks or stock funds. Source: Russian Central Bank report. Sharp Swings Test Investors Based on reports from the central bank, Bitcoin’s price swung wildly in early 2025. The first four months brought nearly 20% drop. Many traders faced nerve‑racking weeks as prices slid. But April saw a strong comeback. Bitcoin climbed more than 10% that month, easing worries among those who watched its dip. Those fast moves highlight just how far digital coins can swing in a short time. ETFs And Adoption Drive Growth The rise of spot Bitcoin exchange‑traded funds has made it easier for bigger investors to get in. In places like the United States and Hong Kong, new ETFs let people buy Bitcoin through their regular brokerage accounts. That convenience has helped push demand higher. More folks don’t have to wrestle with crypto wallets or complex trading platforms anymore. They can tap Bitcoin through tools they already use for stocks and bonds. Local And Global Factors Matter Global uncertainty has driven some of this interest. Big swings in currency values and low yields on bank deposits have left people hunting for better returns. In Russia, a weaker ruble has nudged locals toward assets like Bitcoin that are priced in dollars. At the same time, countries such as Kyrgyzstan and Ukraine are exploring crypto in their budgets. Even firms like Cantor Fitzgerald are looking at Bitcoin as a way to shield against market swings. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Profit Potential Meets Risk Based on what the Central Bank found, Bitcoin paid off handsomely for investors who held through the drops. A 38% gain over a year can’t be matched by most safe havens. Yet anyone tracking the 19% fall in early 2025 knows it isn’t for the faint of heart. Digital coins can zoom higher one month and skid lower the next. That volatility is why many experts still advise limiting how much of your portfolio is in crypto. Featured image from Unsplash, chart from TradingView
The request marks an escalation in Congressional scrutiny on whether the President and his entourage are abusing their positions to benefit their crypto businesses.
The Tokyo-based company earmarked the entire offering for EVO FUND only days after previously selling $25 million in bonds to the same buyer.
Upexi will use the capital to build a treasury model centered on solana staking, with GSR leading the private placement.
Growth comes from increases in TVL on Ethena USDtb and BlackRock's BUIDL.