Today in crypto, Metaplanet has jumped to the fifth-largest corporate Bitcoin holder after its latest $108 million Bitcoin purchase. Michael Saylor signals 11th consecutive week of Bitcoin buying and Kenya’s crypto startups fear a Binance-linked lobby group could tilt new regulations in the exchange’s favor under the proposed VASP bill.
Metaplanet surpasses Cleanspark with $108M Bitcoin buy
Japanese Bitcoin treasury firm Metaplanet has surpassed mining company Cleanspark in becoming the fifth-largest corporate holder of Bitcoin after buying another 1,005 BTC for $108 million.
The firm now holds 13,350 BTC acquired for around $1.31 billion at around $97,832 per Bitcoin. At current market prices, the treasury is worth $1.45 billion.
Just 3 months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC.
— Simon Gerovich (@gerovich) June 30, 2025
ちょうど3か月前、株主総会で3,350 BTCに到達したことをライブで発表。そこからさらに1万BTCを積み上げ、いまや13,350 BTCに。今こそ、加速のとき。 https://t.co/sNe8vzTcRd
Bitcoin mining company CleanSpark holds 12,502 BTC, according to BiTBO. The firm has eclipsed Tesla, Hut 8, Coinbase and Block Inc. in Bitcoin treasury size and now only trails Strategy, Marathon Digital, Twenty One Capital and Riot Platforms.
Metaplanet CEO Simon Gerovich said the aggregate price per coin for its latest purchase was $107,601, and the firm has achieved a BTC yield of 349% year-to-date.
Saylor hints at continuing Bitcoin buying streak, marking week 11 of consecutive purchases
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase in a Sunday social media post, making this the 11th consecutive week the company has accumulated more BTC.
Data from SaylorTracker shows that Strategy currently has a total of 592,345 BTC, valued at over $63 billion, and is up over 52% on its investment.
This translates to over $21.8 billion in unrealized gains for the Bitcoin treasury company, which is the largest corporate holder of BTC.
Investors continue to closely monitor Strategy as both a proxy for Bitcoin and the firm leading the charge for corporate adoption of the supply-capped digital asset.
Binance ties to Kenyan crypto board raise monopoly concerns: Report
Some crypto startups are raising concerns over Kenya’s proposed virtual asset service providers (VASP) Bill, warning it could hand outsized influence to a Binance-linked lobby group, potentially undermining fair competition in the country’s digital asset industry.
According to disclosures seen by The Kenyan Wall Street, a private think tank called the Virtual Asset Chamber of Commerce (VAC) will be included on the regulatory board established under the draft law.
Some crypto stakeholders in Kenya claim that VAC has run Binance-sponsored regulatory talks, lacks independence and acts as a proxy for the exchange.
“All regulation convos by VAC that happened recently have been sponsored by Binance. Then VAC, a private consulting entity, with a non-compete with Binance ‘magically’ gets a regulatory seat? How is this fair? How is this constitutional?” one stakeholder told The Kenyan Wall Street.
