Metaplanet fills up their bitcoin bag's

🚨 Metaplanet Inches Closer to Tesla with Latest Bitcoin Purchase

Japanese firm Metaplanet has continued its aggressive Bitcoin accumulation strategy, announcing the purchase of 1,111 BTC—bringing its total treasury to a striking 11,111 BTC. This move places Metaplanet just 398 BTC shy of Tesla, making it the eighth-largest corporate Bitcoin holder globally.

The company spent approximately ¥17.26 billion JPY ($117 million USD) on the acquisition, with an average purchase price of $105,500 per Bitcoin. As of Monday, Bitcoin was trading slightly lower at just under $102,000, marking a modest 3.3% dip from Metaplanet’s recent buy-in. However, the firm’s average cost basis remains favorable at $95,560 per BTC, keeping it well-positioned despite short-term market fluctuations.

This latest addition follows last week’s purchase of 1,112 BTC, which had already propelled Metaplanet past the 10,000 BTC milestone. The company briefly dropped to ninth in global corporate rankings after Hut 8's increase, but has since reclaimed the #8 spot.

With Tesla currently holding 11,509 BTC, Metaplanet is closing in fast and may surpass Elon Musk’s company by the end of June if its buying pace continues. The next target after Tesla? Bitcoin miner CleanSpark, sitting at 12,502 BTC.

Key Takeaway:
Metaplanet is not just stacking sats—it’s reshaping the corporate Bitcoin leaderboard.

📈 Stay tuned—Tesla might not be in the #2 spot for long.

📉 Crypto Markets Rattle After U.S. Strike on Iran

Geopolitical tensions sent shockwaves through the crypto market late last week, as the U.S. launched airstrikes on Iranian nuclear facilities in response to Israel’s earlier offensive. The attack, dubbed Operation Midnight Hammer, triggered a sharp selloff that briefly pushed Bitcoin below the $100,000 mark — a level it hadn’t touched in weeks.

As panic spread, over $595 million in bullish crypto bets were liquidated within 24 hours, with total trader losses reaching $681.8 million. Ether (ETH) positions were hardest hit, seeing $282 million in forced liquidations, while Bitcoin accounted for $151 million. Other major tokens like SOL, XRP, and DOGE also saw significant losses, collectively shedding over $22 million.

Liquidations spiked across leading exchanges like Binance and Bybit, which together accounted for nearly two-thirds of the wiped-out positions. While prices quickly stabilized — BTC hovered near $102,000 and ETH around $2,280 — the flash crash highlighted how vulnerable crypto markets remain to geopolitical shocks.

With the U.S. warning of “far greater” retaliation, traders are now watching closely for further volatility, bracing for a turbulent week ahead.

🇺🇸 Texas Goes Bitcoin: State Launches Strategic BTC Reserve

In a groundbreaking move, Texas has become the first U.S. state to create a public Bitcoin reserve, marking a major shift in how governments approach digital assets. Governor Greg Abbott signed bill SB 21 into law, establishing a state-backed BTC fund — managed independently from the state treasury — aimed at protecting against economic instability.

The reserve will be overseen by State Comptroller Glenn Hegar and could start with tens of millions in BTC, according to Lee Bratcher of the Texas Blockchain Council. The law also shields the fund from political interference, even before any Bitcoin is purchased.

Senator Charles Schwertner, who authored the bill, explained: “If the state can invest in gold or land, why not Bitcoin?” That logic underpins Texas’ broader ambition to become a leader in the digital economy while hedging against fiat currency risks.

While Bitcoin’s volatility poses challenges, strict investment standards and professional oversight are built into the plan. This isn’t a speculative play — it’s a long-term strategy.

⚠️ The message is clear: Texas isn’t just investing in crypto — it’s staking a claim on financial independence in a world where monetary systems are rapidly evolving.