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Strategy boosts holdings to 638,460 BTC ($71 billion), adding $217 million worth at an average price of $111,196 per coin.
Altvest rebrands as Africa Bitcoin Corp, planning a $210 million raise to adopt Bitcoin as its primary treasury asset.
Metaplanet, Grayscale, and Itaú expand global adoption through BTC buys, ETF filings, and dedicated crypto units.
The corporate race to accumulate Bitcoin shows no signs of slowing. With treasury firms, asset managers, and new entrants across continents boosting their holdings, the cryptocurrency continues to entrench itself as a legitimate reserve asset. Recent announcements from US-based Strategy, South Africa’s Altvest, Japan’s Metaplanet, and global asset managers underscore the growing institutional adoption of Bitcoin and other digital assets.
Strategy, the largest publicly traded Bitcoin treasury company, has disclosed the purchase of an additional 1,955 BTC. The acquisition, valued at approximately $217.4 million, came at an average price of $111,196 per bitcoin, according to filings with the SEC.
The firm’s total holdings now stand at 638,460 BTC, worth nearly $71 billion at current market prices. Purchased at an average cost of $73,880 per coin, the company holds more than 3% of Bitcoin’s fixed 21 million supply, putting its unrealized gains at about $24 billion.
Funding for the acquisitions was sourced through a mix of common stock sales and a diversified suite of perpetual preferred shares.
Strategy’s innovative capital-raising approach, which includes convertible and non-convertible preferred classes with varied dividend structures, underpins its ambitious “42/42” plan, targeting $84 billion in capital for Bitcoin purchases by 2027.
Also Read: MicroStrategy's Bitcoin Strategy: Will a Price Surge Raise its Valuation?
Bitcoin’s role as a treasury asset is spreading rapidly. South Africa’s Altvest announced plans to raise $210 million in fresh capital to acquire Bitcoin while rebranding itself as Africa Bitcoin Corp.
The firm intends to hold Bitcoin directly on its balance sheet, treating it as a reserve asset, similar to gold. Founder and CEO Warren Wheatley emphasized that the move will provide regulated equity exposure to Bitcoin for regional institutional investors, such as pension funds and retirement annuities, which often face restrictions on direct cryptocurrency ownership.
Japan’s Metaplanet also expanded its position, purchasing 136 BTC for roughly $15.2 million at an average price of $111,666 per coin. The firm’s total stash has now reached 20,136 BTC, valued at more than $2 billion.
This purchase cements Metaplanet’s status as the sixth-largest corporate Bitcoin holder globally, behind Strategy, MARA Holdings, XXI, Bitcoin Standard Treasury Company, and Bullish.
The company has been vocal about its long-term targets, with ambitions to reach 210,000 BTC by 2027, a tenfold increase from its current level.
Grayscale Investments continues to expand its exchange-traded products, providing mainstream exposure to cryptocurrencies. The asset manager recently filed for a spot Chainlink ETF with the SEC, seeking approval to convert its existing Chainlink Trust into a listed product under the ticker GLNK.
The filing notes the potential inclusion of a staking component, which would allow the fund to generate yield if regulatory conditions permit. Coinbase Custody Trust would serve as custodian, and the ETF would initially process share creations and redemptions in cash, similar to current US spot Bitcoin and Ethereum ETFs.
Grayscale has also filed for ETFs tied to Avalanche, Dogecoin, Litecoin, Solana, and XRP, highlighting its strategy to dominate the market for single-asset crypto funds. The moves come amid a friendlier regulatory climate under the current US administration, which has signaled openness to broader approval of crypto ETFs.
Also Read: Bitcoin Price Holds $111,000 Support as Analysts Eye $120,000 Target
Itaú Asset Management, Brazil’s largest private asset manager overseeing more than $185 billion in assets, launched a dedicated crypto division within its mutual fund sector.
Already offering Bitcoin ETFs and crypto exposure in pension funds, the firm’s new unit will broaden into fixed income, derivatives, staking, and in-house custody services.
With a footprint across Latin America, Itaú’s move highlights the growing demand among institutional investors for integrated crypto strategies beyond simple spot exposure.
1. How much Bitcoin does Strategy now hold?
Strategy holds 638,460 BTC, valued at approximately $71 billion at current prices.
2. Why did Altvest rebrand to Africa Bitcoin Corp?
Altvest rebranded to reflect its $210 million Bitcoin treasury strategy and position as Africa’s first BTC reserve firm.
3. What is Metaplanet’s Bitcoin target?
The Japanese firm aims to reach 210,000 BTC by 2027, up from its current 20,136 BTC.
4. What new ETF is Grayscale pursuing?
Grayscale has filed for a spot Chainlink ETF, in addition to Avalanche, Solana, XRP, and others.
5. What move did Brazil’s Itaú Asset Management make?
Itaú launched a crypto division to expand offerings into derivatives, staking, and custody services.
