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Strategy’s Saylor Suddenly Raises Bitcoin Sovereign Question

Michael Saylor is back in the news this Monday after posting a fresh Bitcoin signal, just as Metaplanet confirmed a new 1,111 BTC purchase. The Tokyo-listed firm now has 11,111 BTC in total, as part of a bigger plan to accumulate 30,000 BTC by the end of the year. According to its updated roadmap, Metaplanet is targeting 100,000 BTC in 2026 and 210,000 BTC by 2027.

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With an average entry price of $94,695, Metaplanet’s Bitcoin position is now valued at around $1.13 billion, showing a 7.8% unrealized gain. The company’s BTC holdings account for 15.3% of its current market cap, which stands at ¥982.1 billion, or roughly $6.7 billion.

Trading under ticker 3350.T, Metaplanet shares are priced at ¥1,635 and continue to trade at over six times the firm’s net asset value — a multiple that has expanded alongside its Bitcoin reserves. If the company hits its 210,000 BTC target, its holdings would be worth more than $20 billion at current prices.

Michael’s Monday

Meanwhile, the market is keeping an eye on what Strategy will do next. The company often announces Bitcoin purchases on Mondays and has already hinted at activity through today’s social media posts.

Last week, Strategy added 10,100 BTC to its balance sheet, spending over $1 billion. The company currently holds 592,100 BTC, with an average cost basis of around $70,664. That position is worth about $60.4 billion, which is 58.5% of its market cap of $103.3 billion.

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Bitcoin’s trading just above $100,000 after briefly dipping below $100,000 over the weekend. Despite recent ups and downs, both Metaplanet and Strategy are still growing their presence, and there is no sign of them slowing down.

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