The two giants are buying up! Strategy and Metaplanet bought 66% of the newly mined Bitcoin last week.

The supply and demand balance in the Bitcoin market is being further boosted by the strong buying power of large institutions. Last week, the US-listed company Strategy and the Tokyo-listed Metaplanet jointly invested over $230 million to acquire 2,091 BTC, absorbing 66% of the total newly mined Bitcoin globally, significantly impacting market liquidity.

Strategy: Weekly purchase accounts for 62% of new output

(Source: Strategy)

Acquisition quantity: 1,955 BTC

Investment amount: 217.4 million USD

Proportion: Accounts for approximately 62% of the newly mined Bitcoin for the week.

Total holdings: 638,460 BTC (market value approximately 71.6 billion USD)

Unrealized Profit: Approximately 51.8% (Holding Cost 47.17 billion USD)

Strategy disclosed in the 8-K document submitted to the U.S. Securities and Exchange Commission (SEC) that the funding for this acquisition mainly comes from the stocks of Strife, Strike, and MSTR issued under its market capitalization stock plan. By 2025, the company has raised over 19 billion dollars through stocks and bonds for Bitcoin acquisitions.

It is worth noting that this large acquisition took place just a few days after Strategy failed to be selected for the S&P 500 index. The S&P instead included Robinhood, AppLovin, and Emcor Group in its constituents.

Metaplanet: Asia's 'Micro Strategy'

Acquisition quantity: 136 BTC

Investment Amount: 15.2 million USD

Average price: $111,666 per coin

Total Holding: 20,136 BTC (Market Value Approximately 2.26 Billion USD)

Holding cost: 2.08 billion USD (average 103,196 USD/coin)

Unrealized profit: approximately 9.3%

Return rate as of 2025: 487%

Metaplanet has been actively increasing its Bitcoin holdings in recent years and has established the image of a “Bitcoin Reserve Company” in the Asian market through its high-leverage accumulation strategy.

Impact on the Market: Supply Tightening and Price Support

The two companies purchased a total of 2,091 BTC in a single week, accounting for two-thirds of the total newly mined supply, indicating a significant reduction in the supply of Bitcoin available for trading in the market.

In the case of stable or even growing demand, this concentrated buying may:

1. Push up Bitcoin spot price

2. Increase market volatility

3. Enhance miners' bargaining power

Conclusion

The continuous accumulation by Strategy and Metaplanet shows that large listed companies are becoming “long-term holders” in the Bitcoin market, further compressing the circulating supply. As institutional funds continue to flow in, the scarcity of Bitcoin and its price support may continue to strengthen, bringing more bullish expectations to the market.