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

News

Polymarket Switches To Native USDC For Safer Settlements

In order to switch its platform from bridging USDC to native USDC issued directly on Polygon, Polymarket has teamed up with Circle....

News

Gemini Exits Overseas Markets, Cuts 25% Of Workforce

As the exchange refocuses on the US market, Gemini is laying off about 25% of its employees and withdrawing from the UK,...

News

Kraken Institutional Launches Managed Crypto Yield Strategy

Kraken Institutional has launched its first managed investment strategy, partnering with Bitwise to offer yield-focused crypto products to institutional clients. The new...

News

Pump.fun Buys Vyper To Boost Cross-chain Trading

Solana-based memecoin launchpad Pump.fun has acquired trading execution terminal Vyper as part of its push into cross-chain trading infrastructure. The Vyper team...

Latest Blogs

Stablecoins vs Banks: Who Controls Money in 2026?

The matter of who has more control over money- Stablecoins vs banks has now moved to a real world discussion from just...

Exclusive Interview: John Dagostino on India’s Crypto Future

In a world where digital assets are quickly moving from the periphery of finance to the very heart of the global infrastructure,...

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for 2025 and beyond The future direction of Bitcoin from 2025...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those affected by automation. AI-powered crypto trading bots promise emotionless execution...

Related Articles

Stablecoins vs Banks: Who Controls Money in 2026?

The matter of who has more control over money- Stablecoins vs banks...

Exclusive Interview: John Dagostino on India’s Crypto Future

In a world where digital assets are quickly moving from the periphery...

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those...