{"id":20023,"date":"2025-04-01T12:16:36","date_gmt":"2025-04-01T12:16:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20023"},"modified":"2025-04-01T12:16:36","modified_gmt":"2025-04-01T12:16:36","slug":"asias-microstrategy-metaplanet-and-tether-announce-major-bitcoin-purchases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20023","title":{"rendered":"&#8216;Asia&#8217;s MicroStrategy&#8217; Metaplanet And Tether Announce Major Bitcoin Purchases"},"content":{"rendered":"<div>\n<p>Stablecoin issuer <strong>Tether <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDT<\/a>) and Japanese firm <strong>Metaplanet Inc.<\/strong> have significantly increased their <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) reserves in the first quarter of 2025, reflecting a growing corporate trend <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44497919\/strategy-could-hold-up-to-1-million-bitcoin-by-2033-bernstein\">of cryptocurrency investment<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Tether <a href=\"https:\/\/bitinfocharts.com\/bitcoin\/address\/bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4\">acquired <\/a>8,888 Bitcoin for approximately $735 million, bringing its total holdings to 92,646 BTC, valued at $7.8 billion as of April 1.<\/p>\n<p>Metaplanet <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/33500\/5d8413b7\/6ade\/43cb\/90e2\/3ffadef17e1e\/140120250331505547.pdf\">added <\/a>696 Bitcoin at an average price of 14,586,230 yen per coin, totaling 10.152 billion yen ($68 million USD at current exchange rates), increasing its holdings to 4,046 BTC.<\/p>\n<p>Tether&#8217;s latest purchase aligns with its strategy of allocating 15% of its quarterly net profits to Bitcoin, a practice it began in September 2022 and formalized in &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44582786\/asias-microstrategy-metaplanet-and-tether-announce-major-bitcoin-purchases\" alt=\"'Asia's\" microstrategy metaplanet and tether announce major bitcoin purchases>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoin issuer Tether (CRYPTO: USDT) and Japanese firm Metaplanet Inc. have significantly increased their Bitcoin (CRYPTO: BTC) reserves in the first quarter of 2025, reflecting a growing corporate trend of cryptocurrency investment. What Happened: Tether acquired 8,888 Bitcoin for approximately $735 million, bringing its total holdings to 92,646 BTC, valued at $7.8 billion as of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20023","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20023"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20023\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}