Spain, Barcelona, June 26th, 2025, Chainwire In a world-first collision of raw human risk and blockchain innovation, legendary urban climber Alain Robert — known globally as the French Spiderman — is currently scaling the 116-meter Meliá Barcelona Sky Hotel, with no ropes, no harness, and no safety equipment. Clad in custom Tigershark -branded gear, Robert is joined by his son, Julien Robert, a former French Navy marine, to officially unveil $TIGERSHARK, the world’s first cryptocurrency powered by real-world action. Users can watch live on X: @TigersharkHQ The Most Dangerous Crypto Launch in History Clad in custom Tigershark-branded gear, the Roberts are not just climbing — they’re launching a movement. Mission 1: Spiderman & Son — The first of many high-profile extreme missions by Tigershark, a groundbreaking movement that fuses the exhilaration of extreme sports and blockchain with a global community of athletes, visionaries, and risk-takers. "We're redefining what a crypto launch looks like — not airdrops, not smoke and mirrors, but actual real-world extreme feats, true adrenaline," says Lilly Douse, spokesperson for Tigershark. A New Frontier for Crypto: Where Action Meets Utility Tigershark isn’t just a token — it’s an Action Economy. Whether it’s big-wave surfing, free-running rooftops, or wingsuit dives through canyon walls, every feat drives the economy. Holding tokens gets users closer to the action: private events, behind-the-scenes missions, athlete drops, and access to the heartbeat of a movement that’s rewriting the rules. “We’re betting it all on something rare in today’s world: guts and grits.” added Douse. Beyond the Climb: What’s Next Alain Robert’s climb is the first of many high-profile missions. Tigershark is already in discussions with elite athletes across base jumping, wingsuiting, parkour and motocross to headline future feats. With a roadmap that includes strategic sponsorships, branded merchandise, global events, and athlete-backed products, Tigershark is evolving into a full-fledged action-sports brand powered by crypto. About Tigershark Tigershark is a pioneering movement at the intersection of extreme sports and blockchain. From skyscraper climbs to death-defying missions, Tigershark transforms raw human courage into real crypto value. Users can learn more at www.tigershark.global About Alain Robert Alain Robert, now in his early 60s, has climbed over 150 of the world's tallest buildings without safety gear, including the Burj Khalifa, Eiffel Tower, and Petronas Towers. Today's climb marks a new chapter — one that connects his daredevil legacy to the world of crypto. Users can follow the Action: Watch Live on X: https://x.com/tigersharkhq Trading: MEXC Exchange: https://www.mexc.com/exchange/TIGERSHARK_USDT Web: www.tigershark.global Enquiries: James Henderson james@JBH-PR.com Mohammad Aldaejy mohammed@JBH-PR.com ContactJames Hendersonjames@JBH-PR.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world of finance is no longer bound by borders, nor by a single chain. As blockchain technologies mature and financial institutions navigate this new digital era, a multichain future is becoming not just probable, but inevitable. From asset tokenization to cross-border payments and programmable compliance, the contours of global finance are being redrawn—not on one blockchain, but on many. You might also like: The bottleneck problem: Why ‘fast’ blockchains fail when it counts most | Opinion Why a multichain future is inevitable The dream of a single, dominant blockchain serving as the global settlement layer is fading. Instead, we’re witnessing the rise of application-specific blockchains, modular frameworks, and interoperability layers. Financial institutions are opting for chains based on regulatory compatibility, throughput, developer tooling, and cost-efficiency. Ethereum ( ETH ) remains dominant in terms of developer activity and DeFi liquidity, but it’s no longer alone. Solana’s ( SOL ) speed has attracted fintech experiments. Polygon has emerged as a key player due to its low fees, modular architecture, and institutional-grade infrastructure, attracting major players like Mastercard, Nubank, and Franklin Templeton. Public-permissioned chains like JPMorgan’s Onyx or Fnality’s Payment System are emerging alongside L2s and appchains. In this landscape, the future of finance will be multichain by design, not by accident. Real-world finance is already multichain Let’s move beyond theory—real-world assets and real-world problems are already embracing a multichain world: ● Cross-border settlements: Singapore’s Project Guardian and Hong Kong’s Project mBridge are experimenting with multiple chains (including Ethereum, Polygon, Quorum, and bespoke solutions) for CBDC and FX tokenized settlements. ● Tokenization of assets : Franklin Templeton tokenized U.S. Treasuries, BlackRock’s Money Market Fund, Apollo’s Credit Fund, etc. Societe Generale issued a digital bond on Ethereum. Swiss bank UBS created a tokenized money market fund on Ethereum. ● Corporate adoption: Polygon has been the network of choice for companies like Flipkart (India’s Walmart-backed e-commerce giant) and Reliance Jio for loyalty tokens. ● Trade finance & supply chains: The ICC’s digital trade corridor between Singapore and China integrates multiple distributed ledgers through interoperability standards, not a common base layer. In each case, the solution is dictated by context: jurisdiction, asset class, liquidity needs, compliance frameworks, and institutional comfort. Interoperability is the new infrastructure What TCP/IP did for the internet, interoperability protocols are doing for blockchains. Solutions like Polygon’s AggLayer, LayerZero, Axelar, Hyperlane, and Chainlink’s CCIP are laying the groundwork for seamless cross-chain communication. Cosmos’ IBC and Polkadot’s parachains take another approach—shared security and message-passing—but the outcome is the same: abstracting the complexity of multichain interactions. Polygon is particularly noteworthy for its AggLayer—a unifying interoperability layer that aggregates chains into a single liquidity layer while preserving their individual sovereignty. Developers can use Polygon CDK to build custom appchains that are interoperable by default. A prominent example is Katana, a rollup built using both the OP Stack and Polygon CDK, showing that composable infrastructure can thrive across ecosystems, not just within them. This matters because financial markets demand composability—not just within one chain, but across many. A hedge fund managing collateralized loans on Ethereum should be able to rebalance positions on Solana, execute trades on Katana, and settle stablecoin redemptions on a permissioned chain—all through abstracted routing and secure messaging. Multichain finance does not mean siloed liquidity. It means modular liquidity, composable logic, and user choice. Regulatory fragmentation will drive chain fragmentation We cannot discuss global finance without addressing the elephant in the room: regulation. Each jurisdiction is approaching digital assets and tokenized finance with distinct philosophies. The EU’s MiCA treats stablecoins and crypto-assets as regulated financial instruments. In the U.S., we have fragmented regulation between the SEC, CFTC, and state regimes. Meanwhile, Asia is piloting CBDCs and sandboxed DeFi. This fragmentation will lead to regulatory-based chain preferences. For example: ● An EU-regulated tokenized bond might settle on a chain with MiCA-aligned compliance modules. ● An Asian CBDC pilot may run on a sovereign-backed or hybrid chain that meets domestic data residency laws. Polygon’s modularity positions it well in this fragmented environment, offering options for public, private, and hybrid chains that can adapt to local regulatory needs. Its CDK is already being explored for regulated DeFi and tokenized asset pilots in multiple jurisdictions. One size does not fit all. And that’s okay—as long as the layers underneath connect. What needs to happen next For the multichain future of finance to thrive, we need three things: Standardized token frameworks: ERC-20 and ERC-4626 got us this far. But finance needs more robust standards for tokenized equity, debt, real estate, and yield-bearing assets — ideally with cross-chain mint/burn logic. Cross-chain compliance layers: Projects like zkVerify and modular KYC layers must allow credentials and compliance to flow across chains without duplicating user friction. Institutional-grade interoperability: We must move past retail bridges and into regulated interop stacks that support financial primitives (like atomic swaps, intent-based routing, and privacy-preserving messaging). Polygon’s AggLayer, in this context, could emerge as a foundational piece of infrastructure for regulated institutions. The endgame: Finance without borders Multichain does not mean chaos. It means freedom. Freedom for developers to choose the stack that fits. Freedom for institutions to comply without compromise. Freedom for users to access services without knowing what chain they’re on. The multichain future of global finance is not a technical inevitability—it’s a design choice rooted in economic realism, geopolitical diversity, and technological modularity. The chains may multiply. But the experience must unify. Read more: Crypto’s next big opportunity: Invisible finance interfaces | Opinion Author: Aishwary Gupta Aishwary Gupta is the Global Head of Payments & RWAs at Polygon Labs. Aishwary is a Chartered Accountant with over seven years of experience in finance and technology, specializing in FinTech and blockchain. He currently leads the payment and fintech infrastructure team, working with top clients to help them with their web3 journey. He has successfully onboarded and managed relationships with over 100 clients, resulting in win-win outcomes for all parties involved. Aishwary’s mission is to drive web3 growth and innovation in India and beyond, leveraging his expertise in finance, technology, and business development. He believes that web3 can create a more open, inclusive, and transparent financial system for everyone. He is always looking for new opportunities and challenges to explore and contribute to the web3 space.
South Korea’s leading cryptocurrency exchange Bithumb has announced that it will list the blockchain-based artificial intelligence (AI) project Sahara AI (SAHARA) token with trading parity of the Korean won (KRW). Sahara AI (SAHARA) Listed on Bithumb's KRW Market The listing will allow users to trade SAHARA directly with local currency. Listing Calendar Supported Market: KRW (Korean Won) Supported Network: Ethereum (transfers via other networks will not be supported) Deposit/Withdrawal Start: June 26, 2025, 18:00 Transaction Start: June 26, 2025, 21:30 Number of Confirmations Required: 33 blockchain confirmations Starting Price: Not yet announced What is Sahara AI (SAHARA)? Sahara AI is a Web3 platform that enables decentralized AI development and ownership. The platform aims to bring together AI developers, data providers, and users to: Establishing an open, transparent and secure AI ecosystem, Ensuring shared ownership and participatory governance of AI models, Recording the contributions of all participants and rewarding them fairly. SAHARA Token Usage SAHARA is the utility token of the platform, specifically: Management, In-platform service payments, It is used in incentive mechanisms for developers and data providers. Note: This information will be regularly updated and shared with users on Bithumb's digital asset information tab. Bithumb continues to expand its listings with the aim of providing its users with more variety and quality projects. *This is not investment advice. Continue Reading: Bitcoin Exchange Bithumb Announces Listing of New Artificial Intelligence Project! Here Are the Details
A lawsuit filed in New York has accused Citibank of negligence after one of the bank’s customers lost $20 million to a crypto romance scam. Plaintiff Michael Zidell, who filed the complaint on June 24, is seeking compensatory damages and legal costs. Zidell alleges the bank failed to detect and act on suspicious wire transfers linked to the scam, which led to substantial financial loss. Zidell claims he was targeted in a fraudulent investment scheme commonly known as “pig butchering,” in which scammers form fake online relationships with victims to lure them into fraudulent investments. Zidell was allegedly contacted in January 2023 on Facebook by a woman identifying herself as Carolyn Parker, who claimed to be a business owner in California. Their communication continued over video and text on the WeChat app, eventually developing into what Zidell perceived to be a romantic relationship. By February 2023, Parker encouraged Zidell to invest in non-fungible tokens through a platform called OpenrarityPro.com. She claimed to have earned millions and presented what appeared to be account statements as proof. You might also like: From ‘I love you’ to ‘you’re broke’: AMLBot reveals the dark side of crypto romance scams Zidell then began transferring funds to various bank accounts provided through the website, allegedly as part of the NFT investment. Zidell made a total of 43 transfers across multiple banks, with twelve of those transactions, amounting to nearly $4 million, sent to accounts held at Citibank under the name Guju Inc. According to the filing, the first wire transfer to Guju Inc. alone exceeded the entity’s stated annual revenue and contradicted its account opening documents, which projected monthly wire transfers below $250,000. The suit alleges that Citibank failed to act on numerous red flags, including large, round-sum transfers inconsistent with the account holder’s declared business activity. Per the plaintiff, the bank disregarded its obligations under federal Know Your Customer and Anti-Money Laundering laws by failing to investigate Guju Inc.’s activity despite clear indicators of suspicious behavior. Pig butchering scams have become a major concern for both federal authorities and crypto industry participants. In its 2024 Internet Crime Report, the FBI revealed that pig butchering scams were among the most damaging crypto-related crimes, which led to $5.8 billion in investment fraud losses reported last year. Older Americans were the most affected, with victims aged 60 and above losing $2.8 billion to crypto scams alone. Read more: Nigeria arrests 792 people involved in crypto romance scams
Ripple launched a permissioned DEX on the XRP Ledger. Only approved accounts can transact within specific domains. Continue Reading: Ripple Launches Secure Platform for Institutional Crypto Trading The post Ripple Launches Secure Platform for Institutional Crypto Trading appeared first on COINTURK NEWS .
BitcoinWorld French “Spiderman” Scales Skyscraper to Launch World’s First Action Token Spain, Barcelona, June 26th, 2025, Chainwire In a world-first collision of raw human risk and blockchain innovation, legendary urban climber Alain Robert — known globally as the French Spiderman — is currently scaling the 116-meter Meliá Barcelona Sky Hotel, with no ropes, no harness, and no safety equipment. Clad in custom Tigershark -branded gear, Robert is joined by his son, Julien Robert, a former French Navy marine, to officially unveil $TIGERSHARK, the world’s first cryptocurrency powered by real-world action. Users can watch live on X: @TigersharkHQ The Most Dangerous Crypto Launch in History Clad in custom Tigershark-branded gear , the Roberts are not just climbing — they’re launching a movement. Mission 1: Spiderman & Son — The first of many high-profile extreme missions by Tigershark, a groundbreaking movement that fuses the exhilaration of extreme sports and blockchain with a global community of athletes, visionaries, and risk-takers. “We’re redefining what a crypto launch looks like — not airdrops, not smoke and mirrors, but actual real-world extreme feats, true adrenaline,” says Lilly Douse , spokesperson for Tigershark. A New Frontier for Crypto: Where Action Meets Utility Tigershark isn’t just a token — it’s an Action Economy. Whether it’s big-wave surfing, free-running rooftops, or wingsuit dives through canyon walls, every feat drives the economy. Holding tokens gets users closer to the action: private events, behind-the-scenes missions, athlete drops, and access to the heartbeat of a movement that’s rewriting the rules. “We’re betting it all on something rare in today’s world: guts and grits.” added Douse. Beyond the Climb: What’s Next Alain Robert’s climb is the first of many high-profile missions. Tigershark is already in discussions with elite athletes across base jumping, wingsuiting, parkour and motocross to headline future feats. With a roadmap that includes strategic sponsorships, branded merchandise, global events, and athlete-backed products, Tigershark is evolving into a full-fledged action-sports brand powered by crypto. About Tigershark Tigershark is a pioneering movement at the intersection of extreme sports and blockchain. From skyscraper climbs to death-defying missions, Tigershark transforms raw human courage into real crypto value. Users can learn more at www.tigershark.global About Alain Robert Alain Robert, now in his early 60s, has climbed over 150 of the world’s tallest buildings without safety gear, including the Burj Khalifa, Eiffel Tower, and Petronas Towers. Today’s climb marks a new chapter — one that connects his daredevil legacy to the world of crypto. Users can follow the Action: Watch Live on X: https://x.com/tigersharkhq Trading: MEXC Exchange: https://www.mexc.com/exchange/TIGERSHARK_USDT Web: www.tigershark.global Enquiries: James Henderson james@JBH-PR.com Mohammad Aldaejy mohammed@JBH-PR.com Contact James Henderson james@JBH-PR.com This post French “Spiderman” Scales Skyscraper to Launch World’s First Action Token first appeared on BitcoinWorld and is written by chainwire
According to data from HyperInsight, a prominent whale address identified as 0x4a20 has significantly increased its exposure by adding 108.67 BTC to a 40x leveraged long position on Hyperliquid, valued
Spain, Barcelona, June 26th, 2025, Chainwire In a world-first collision of raw human risk and blockchain innovation, legendary urban climber Alain Robert — known globally as the French Spiderman — is currently scaling the 116-meter Meliá Barcelona Sky Hotel, with no ropes, no harness, and no safety equipment. Clad in custom Tigershark -branded gear, Robert is joined by his son, Julien Robert, a former French Navy marine, to officially unveil $TIGERSHARK, the world’s first cryptocurrency powered by real-world action. Users can watch live on X: @TigersharkHQ The Most Dangerous Crypto Launch in History Clad in custom Tigershark-branded gear , the Roberts are not just climbing — they’re launching a movement. Mission 1: Spiderman & Son — The first of many high-profile extreme missions by Tigershark, a groundbreaking movement that fuses the exhilaration of extreme sports and blockchain with a global community of athletes, visionaries, and risk-takers. "We're redefining what a crypto launch looks like — not airdrops, not smoke and mirrors, but actual real-world extreme feats, true adrenaline," says Lilly Douse , spokesperson for Tigershark. A New Frontier for Crypto: Where Action Meets Utility Tigershark isn’t just a token — it’s an Action Economy. Whether it’s big-wave surfing, free-running rooftops, or wingsuit dives through canyon walls, every feat drives the economy. Holding tokens gets users closer to the action: private events, behind-the-scenes missions, athlete drops, and access to the heartbeat of a movement that’s rewriting the rules. “We’re betting it all on something rare in today’s world: guts and grits.” added Douse. Beyond the Climb: What’s Next Alain Robert’s climb is the first of many high-profile missions. Tigershark is already in discussions with elite athletes across base jumping, wingsuiting, parkour and motocross to headline future feats. With a roadmap that includes strategic sponsorships, branded merchandise, global events, and athlete-backed products, Tigershark is evolving into a full-fledged action-sports brand powered by crypto. About Tigershark Tigershark is a pioneering movement at the intersection of extreme sports and blockchain. From skyscraper climbs to death-defying missions, Tigershark transforms raw human courage into real crypto value. Users can learn more at www.tigershark.global About Alain Robert Alain Robert, now in his early 60s, has climbed over 150 of the world's tallest buildings without safety gear, including the Burj Khalifa, Eiffel Tower, and Petronas Towers. Today's climb marks a new chapter — one that connects his daredevil legacy to the world of crypto. Users can follow the Action: Watch Live on X: https://x.com/tigersharkhq Trading: MEXC Exchange: https://www.mexc.com/exchange/TIGERSHARK_USDT Web: www.tigershark.global Enquiries: James Henderson james@JBH-PR.com Mohammad Aldaejy mohammed@JBH-PR.com Contact James Henderson james@JBH-PR.com
The post Crypto Regulations in Japan 2025 appeared first on Coinpedia Fintech News After years of unregulated crypto use, Japan became the first economy to formally recognize Bitcoin as a legal payment method through the Payment Services Act (PSA) 2017. As of 2025, Japan has developed one of the most comprehensive and proactive regulatory frameworks for cryptocurrency. Currently, Japan is actively working on classifying crypto assets as financial instruments, bringing them under stricter financial regulations by 2026. Crypto Regulations in Japan March 2025- Proposal for Reformation in Crypto Brokerage and Stabecoin Laws Japanese Cabinet Minister approved a proposal to reform the laws, allowing cryptocurrency companies to operate as an ‘intermediary business.’ The new bill provides flexibility to stablecoin issuers to back their tokens with various types of assets. Crypto brokerage will no longer be subject to financial regulations or anti-money laundering (AML) regulations. Timeline of Major Crypto Regulations in Japan Date Law/ Regulation Key Provisions December 20, 2024 Crypto Tax Reformation Shifting from a progressive rate of 55% to a flat 20% tax June 1, 2023 Crypto Travel Rule Mandatory sender/ receiver info for crypto transfer May 1, 2020 PSA &FIEA Amendments New AML, cybersecurity, and security token regulation June 7, 2019 AML/ Custody Rules Stricter KYC, record keeping, and annual compliance report April 1, 2017 PSA Enforcement Regulating crypto with the Financial Services Agency (FSA) registration 2016 PSA and Fund Settlement Law Amendment Cryptocurrency is recognized as legal tender What is the Japanese Government’s Stance on Cryptocurrency in 2025? Currently, the government is proactively developing its regulatory framework to enhance security and facilitate the crypto market. Key focuses are: Japan’s Finance Minister, Katsunobu Kato, announced that Japan will review crypto tax by the end of June 2025; possibilities of a new tax regime indicated. The Democratic Party’s Web3 Project Team has put forward a proposal for crypto classification under the Financial Instruments and Exchange Act ( FIEA ). The government aims to increase the cashless economy to 40% by 2025 with blockchain development . Japan aims to become a crypto leader with a focus on legal registration of crypto exchanges and platforms, market integrity, investor protection, and anti-money laundering. Crypto Tax in Japan 2025 Is crypto taxed in Japan? Yes, cryptocurrency is taxed as ‘miscellaneous income’ with a progressive income tax rate. There is no capital gains tax enacted yet in Japan. What falls under miscellaneous income? Selling crypto for fiat currency Exchange crypto for crypto Buying goods and services with crypto Gifting and payment in crypto Earning staking rewards from liquidity pools Receiving coins from forks Mining, Airdrops, DeFi, and Referral bonus On March 6, Japan proposed a crypto tax cut from a progressive rate of up to 55% to a flat 20% on crypto tax gains. However, the bill has not been passed yet to implement the tax reduction. FSA is expected to review this reclassification; if approved, it will likely take effect from 2026. Tax type Tax rate Note Income tax 5% to 45% Depends on the individual’s total income Additional inhabitant tax 10% Resulting in 15% to 55% tax rate Capital gains tax (CGT) Not specified yet Crypto as a financial product Reclassification of CGT 20% for stock profits Not enacted yet Crypt License in Japan Under the Payment Services Act (PSA), the Financial Services Agency (FSA) is the key body regulating mandatory crypto licenses. How to get a crypto license in Japan? Crypto exchanges and platforms are required to register with the FSA to provide crypto asset exchange services (CAES). Crypto companies need to establish a local entity, typically a Kabushiki Kaisha, a joint stock company. A minimum capital of over 10 million yen is required; other fees depend on the license and business model. A physical office in Japan is mandatory with a Japanese bank account. Experts are required to follow strict AM and CFT regulations. Crypto Adoption in Japan Penetration Rate: Japan has experienced a positive increase in crypto adoption rate, with current penetration projected to be 14.70% in 2025 and is expected to reach even higher, up to 15.26% by 2026. The number of crypto users in Japan is expected to increase up to 18.69 million by 2026. Crypto Revenue: Current revenue in the crypto market is expected to reach US$2.0 billion in 2025, with an anticipated growth rate of 3.44% resulting in a total amount of US$2.0 billion by 2026. Crypto Holdings: It is not publicly known whether the Japanese government holds any crypto assets; rather focuses on increasing the adoption rate with a modern regulatory framework. Conclusion In Japan, the government’s crypto holdings is not publicly known; however, public companies like Metaplanet are known to be one of the biggest crypto holders in Japan. The country has several new proposals in hand that are waiting for review and will likely take effect from 2026. As of 2025, Japan’s regulatory framework has reflected positive results with solid earnings and enhanced protection measures for investors. 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Tokyo-based Metaplanet Inc. is doubling down on its Bitcoin strategy, adding another major chunk to its fast-growing treasury. According to an official disclosure on June 26, Metaplanet has purchased an additional 1,234 BTC ( BTC ). The latest purchase was valued at approximately $133 million, pushing its total holdings to 12,345 BTC. The latest acquisition comes just one day after the firm announced it would issue 54 million new shares in partnership with institutional investor EVO FUND. The capital raise, worth ¥74.9 billion (around $515 million), was aimed directly at expanding its treasury and marks the largest single-day equity raise for Bitcoin acquisition by a public company to date. *Metaplanet Acquires Additional 1,234 $BTC , Total Holdings Reach 12,345 BTC* pic.twitter.com/ppeGIrfVfe — Metaplanet Inc. (@Metaplanet_JP) June 26, 2025 You might also like: Japan’s Metaplanet adds 1,111 Bitcoin, bringing total holdings to 11,111 BTC Metaplanet, previously a hotel management company, shifted its business model to become a Bitcoin-focused holding firm in 2024, mirroring the Michael Saylor-led Strategy’s initiative. The company has also set ambitious BTC accumulation targets, with plans to hold 30,000 BTC by the end of 2025, 100,000 BTC by 2026, and 210,000 BTC by 2027, 1% of Bitcoin’s total supply. You might also like: Michael Saylor’s Strategy strengthens Bitcoin bet with 10,100 BTC purchase To support its mission, Metaplanet also recently approved a capital injection of up to $5 billion into its U.S. subsidiary, Metaplanet Treasury Corp. The funding will support the next phase of its Bitcoin acquisition plan, including the rollout of a “555 Million Plan,” with proceeds directly allocated to BTC purchases. Since launching its Bitcoin treasury initiative, Metaplanet has quickly climbed the top ranks of corporate BTC holders globally. The firm now sits at the fifth position, surpassing entities like Coinbase and Tesla, according to data from Bitcoin Treasuries by Bitbo. In positive response to its bid, Metaplanet’s stock has increased by more than 300% so far this year. At the time of writing, Bitcoin trades slightly over $107,800, posting a 1.3% gain in the last 24 hours. Read more: Michael Saylor’s Strategy strengthens Bitcoin bet with 10,100 BTC purchase