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The Bitcoin Bulls are buzzing after the investment company based in Japan, Metaplanet, has taken another 1,004 BTC – its second purchase to date – just like the president of the strategy Michael Saylor has alluded to another massive purchase.
Consecutive accumulations come after Bitcoin has published its highest weekly closing at $ 106,500, just 3% of its top of all time. Analyst Crypto Rover on X says that the momentum could point out that a “massive break” is imminent.
According to BitcoinTheries, the purchase of $ 104.3 million in Metaplanet brings its assets to 7,800 BTC, fortifying its position as the largest holder of the Asian company and the 11th largest in the world. THE The Japan -based investment company also bought 1,241 BTC only a week ago.
Metaplanet bought its latest BTC at an average price of $ 103,873, said CEO Simon Gerovich in an article on X.
Metaplanet acquired 1004 BTC for approximately $ 104.3 million at ~ $ 103,873 per Bitcoin and reached BTC yield of 189.1% YTD 2025. At 19/05/2025, we hold 7800 $ BTC Acquired for ~ $ 712.5 million at around $ 91,343 per Bitcoin. $ MTPLF pic.twitter.com/w4tqza2qpk
– Simon Gerovich (@gerovich) May 19, 2025
The strategy, formerly Microstrategy and still the world’s largest holder with 568,840 BTC, seems to add more after the executive president Michael Saylor shared the now famous graphic “Saylortracker” – his usual precursor to a new purchase.
Analysts see a “massive escape” for bitcoin after a highest weekly closure
After the weekly fence farm, Bitcoin recorded a minor drop in the last 24 hours to discuss $ 102,901.13 to 1 h 06 hne, according to CoinMarketCAP data.
Despite the withdrawal, the weekly closure excited analysts, who predict an imminent bitcoin rally.
Among these analysts is Rekt Capital, which said Its more than 546.8,000 subscribers on X yesterday that the high weekly fence could lead to a “brand new top” for BTC.
Analyst Pseudonym Crypto Rover agreed and posted earlier in the day than the “incredibly raised weekly fence for Bitcoin” could soon be followed by a “massive escape”.
Incredibly optimistic weekly close to Bitcoin.
History seems to repeat itself.
A little consolidation, before a massive escape! pic.twitter.com/xsjkqnd3pq
– Crypto Rover (@rovercrc) May 19, 2025
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