
Citigroup has made a significant move in the cryptocurrency market by acquiring nearly one million shares of Metaplanet earlier this week. This unprecedented acquisition is fueling an intense frenzy around the company’s shares, which have surged by 400% in 2025 alone.
The acquisition marks a major turning point for institutional investment in Bitcoin proxies, as Metaplanet has emerged as a preferred choice for institutions seeking exposure to Bitcoin through traditional equities. Capital Group, another prominent financial institution, has also acquired an impressive 1.8 million shares of the company, solidifying its position as the second-largest shareholder.
The driving force behind this sudden surge is Metaplanet’s aggressive treasury strategy, which prioritizes accumulating a substantial Bitcoin reserve. The company aims to hold over 30,000 BTC by the end of 2025 and has already surpassed Coinbase in this regard, boasting an impressive portfolio of more than 10,000 BTC.
This bold approach has attracted strong institutional support, with investors seeking exposure to Bitcoin through Metaplanet shares. In light of this acquisition, Metaplanet’s stock now trades at historic highs, solidifying its position as a core instrument for investors aligning with the digital asset’s long-term value proposition.
The recent rally in Metaplanet’s shares can be attributed to the growing institutional adoption of Bitcoin as a treasury asset. As institutions increasingly turn to this innovative strategy, Metaplanet has become an attractive option for those seeking direct exposure to the cryptocurrency market.
Source: coincentral.com