How MicroStrategy & Metaplanet Made $5.1 Billion Playing with Bitcoin

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Well, well, well. It looks like MicroStrategy and Metaplanet decided to go full-on Bitcoin hoarders this year, and guess what? They’ve made a killing. In the most predictable turn of events, these tech giants have reported jaw-dropping gains from their Bitcoin holdings. How jaw-dropping? We’re talking a cool $5.1 billion for MicroStrategy, and Metaplanet isn’t exactly slumming it with a tidy $191 million gain in 2025 alone. Must be nice, right?

MicroStrategy And Metaplanet Count Their Stacks of Bitcoin Cash in 2025

If there’s one thing that makes tech executives giddy, it’s the word “unrealized” in front of “gains.” MicroStrategy has been hoarding Bitcoin like there’s no tomorrow, and CEO Michael Saylor just couldn’t resist announcing his company’s massive BTC fortune on X. With over $5.1 billion in Bitcoin gains from treasury operations this year, they’re practically swimming in digital gold.

On the other side of the world, Tokyo-based Metaplanet is showing off a modest $191 million gain this year. Not bad for a company that most people haven’t heard of, right? Executive Dylan LeClair decided to tweet (because apparently, Twitter’s still a thing) that Metaplanet’s treasury operations have been nothing short of impressive, even if it’s a drop in the bucket compared to MicroStrategy’s mountain of cash.

“Year to date, Metaplanet treasury operations have generated a BTC $ Gain of 191 million,” said Dylan LeClair. Glad he clarified that for us, Dylan.

For Metaplanet, most of the gains came from Q1 Bitcoin purchases, where they essentially bought the dip in style, making their previous purchases look like child’s play. A move that certainly didn’t come with any regrets (yet).

Both of these firms are playing the long game, turning to stock and bond issuances like they’re going out of style, all to fuel their Bitcoin addiction. But here’s the catch: if they decide to cash in on those gains, they’ll be hit with a tax bill so massive, even Uncle Sam will be patting them on the back. I’m sure they’re thrilled about that.

Bitcoin Price Rockets Past $95,000 – Can You Say “Paper Gains?”

Now, let’s talk about the star of the show—Bitcoin. The price has been on a tear in 2025, and it’s been enough to make even the most hardened tech execs shed a tear of joy. Bitcoin hit a high of $95,000, a 11% jump in just a week. MicroStrategy and Metaplanet are essentially printing money at this point, and the executives are on record saying they’ll keep stacking Bitcoin, no matter how high the price goes.

But, hold your horses. While things look great now, Bitcoin’s transaction volume dropped 48% in the last 24 hours, which, for anyone who’s been in the market longer than five minutes, is a warning sign of a potential price correction. So yeah, things could be about to get a little more… volatile.

So, what’s fueling this latest Bitcoin rally? Well, China’s over there buying up gold like it’s Black Friday, and institutional investors are jumping in, probably because it’s trendy and they’re bored with stocks. Meanwhile, Bitcoin’s price keeps flirting with that $100,000 mark, proving once again that Bitcoin is the one investment that keeps on giving (unless it doesn’t, of course).

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2025-04-27 10:14