Michael Saylor, founder and Government Chairman of Bitcoin-driven firm Technique, has printed a tweet, calling out one other company Bitcoin purchaser – Metaplanet and its chief government officer Simon Gerovich – as if hinting that it’s time the corporate made one other BTC buy.
Saylor highlighted Metaplanet’s inventory value enhance after the corporate introduced a giant Bitcoin acquisition earlier this week.
Saylor spotlights Bitcoin purchaser Metaplanet’s inventory surge
Michael Saylor shared a TradingView chart displaying the Metaplanet (TSE) inventory value motion. The graph reveals that over the previous 24 hours TSE soared by roughly 10.6% to 783 JPY per share. This displays investor optimism relating to the corporate’s just lately adopted Bitcoin-focused technique.
“What’s up with Metaplanet, Simon @Gerovich?” Saylor tweeted. The corporate boss Simon Gerovich quoted Saylor’s tweet, responding to it and stressing the important thing significance of Bitcoin for Metaplanet’s success now: “Bitcoin is the important thing. Metaplanet unlocked.”
Bitcoin is the important thing. Metaplanet unlocked. https://t.co/adLTM6cSbk
— Simon Gerovich (@gerovich) Could 20, 2025
On March 19, Metaplanet introduced the acquisition of 1,004 BTC for about $104.3 million raised from buyers by issuing debt as the corporate has adopted Saylor’s firm’s technique of accumulating BTC utilizing raised funds. Metaplanet now holds 7,800 BTC in complete price $802.9 million.
Technique buys extra BTC and will get slammed with lawsuit
As for Technique, on the identical day, it additionally made public a latest acquisition of seven,390 Bitcoins, paying roughly $764.9 billion for it. After this buy, Saylor’s agency now holds 576,230 BTC valued at $60,564,308,412.
Later that day, Saylor bragged on his X account that Technique had delivered a 4.8% BTC yield, driving $2.7 billion within the BTC greenback acquire equal. Nevertheless, as reported by U.At the moment, Technique and its key executives – chairman Saylor, CEO Phong Le and CFO Andrew Kang – have been slammed with a category motion lawsuit from a gaggle of MSTR buyers, alleging that Technique supplied deceptive statements relating to its Bitcoin funding technique.
Technique promised to place up vigorous defence in opposition to the claims outlined by the plaintiffs. MSTR dropped 2% in pre-market buying and selling yesterday on the lawsuit information announcement.
