Home Metaplanet Expands Bitcoin Holdings With $93M Purchase

Metaplanet Expands Bitcoin Holdings With $93M Purchase

Share
Share

Metaplanet Expands Bitcoin Holdings With $93M Purchase

Metaplanet Inc., a Tokyo-based investment company, has bought 775 more Bitcoin worth $93 million, bringing its total holdings to 18,888 BTC. The firm paid an average of $120,006 per coin, slightly above market price at the time.

This latest purchase follows acquisitions earlier this month of 463 BTC and 518 BTC, signaling its aggressive “Bitcoin-first” strategy. With nearly 19,000 BTC, valued at up to $2.18 billion, Metaplanet has become one of Asia’s leading corporate Bitcoin holders, mirroring MicroStrategy’s treasury approach.

US Treasury Explores Digital IDs In DeFi To Curb Crime

The US Treasury is considering embedding digital identity checks into decentralized finance platforms as part of the GENIUS Act, signed in July.

One idea is to link government IDs, biometrics, or portable credentials directly to DeFi smart contracts, ensuring transactions only process after identity verification. This would bring Know Your Customer and Anti-Money Laundering checks into DeFi code.

Supporters argue the system could cut costs, improve privacy, and help regulators detect money laundering or sanctions evasion before transactions complete.

India’s CBDT Engages Crypto Industry On New VDA Law

India’s Central Board of Direct Taxes has opened talks with crypto stakeholders on whether a dedicated law is needed for digital assets.

Currently, crypto gains face a 30% tax with no loss offsets, plus a 1% TDS on each trade—rules industry players say discourage participation. Banks remain hesitant, and clarity under FEMA for offshore use is lacking.

CBDT reportedly asked whether 1% TDS is too high and if losses should be offset. The industry seeks a balanced, comprehensive legal framework.

Solana Validators Vote On Alpenglow Upgrade To Cut Block Finality

Solana validators are voting on SIMD-0326, known as the Alpenglow proposal, which seeks to replace TowerBFT with a faster, more resilient system.

If passed, block finality could fall from 12.8 seconds to as low as 100–150 milliseconds. Developed by Anza, the proposal uses direct voting, signature aggregation, and a Validator Admission Ticket fee.

Supporters say it reduces bandwidth costs by 20%, while critics warn it may raise barriers for smaller validators. The system also improves resilience with a 20+20 fault tolerance model.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel "Pig Butchering" Network
News

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel “Pig Butchering” Network

A massive, coordinated international law enforcement operation has struck a blow to the booming cryptocurrency scam industry. Authorities have arrested 276 people...

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions
News

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions

OKX has introduced an open standard for agent-led transactions, rolling out its Agent Payments Protocol (APP) to support full-cycle business activity handled...

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections
News

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections

Roundhill Investments is set to launch the first U.S. exchange-traded funds (ETFs) tied to prediction markets next week, with two other asset...

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal
News

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal

Crypto payments firm MoonPay has acquired Sodot, an Israeli crypto security startup, as part of its plan to launch MoonPay Institutional, a...

Latest Blogs

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

Related Articles

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...