- Strategy and Metaplanet revealed significant Bitcoin buys worth over $600 million combined in coordinated announcements on the same day.
- Michael Saylor and Simon Gerovich went viral through a gaming-themed image showing their firms’ BTC holdings in a mock battle.
- Bitcoin’s price dropped slightly below $110,000 amid strong corporate buying, suggesting continued institutional faith in the cryptocurrency.
Michael Saylor, Executive Chairman of Strategy, has posted a retro gaming-themed tweet that has captured attention across the Bitcoin community. The image, styled like a 1990s arcade fighting game, shows fictional characters named Strategy and Metaplanet squaring off, modeled after the companies’ respective leaders—Saylor and Simon Gerovich. The image includes Bitcoin holdings as health points, with Strategy holding 597,325 BTC and Metaplanet showing 13,350 BTC.
Saylor’s tweet read, “If you’re going to fight, fight for Bitcoin,” adding momentum to the image that was originally shared by Gerovich. The post serves as a visual metaphor for the companies’ ongoing Bitcoin acquisition race. The idea of “fighting with Bitcoin bags” instead of fists was humorously presented by Gerovich in response to Saylor’s earlier call for Metaplanet to become the second-largest BTC-holding public company.
Both Firms Expand Holdings
On the same day, both companies announced fresh Bitcoin acquisitions. Strategy added 4,980 BTC to its holdings, a purchase valued at over $500 million. Meanwhile, Metaplanet acquired 1,005 BTC worth approximately $108.1 million. The timing of the announcements added significance to the symbolic showdown portrayed in the viral image.
While Strategy and Metaplanet revealed major purchases, Bitcoin’s price showed minor fluctuation. The leading cryptocurrency slipped below $110,000, dropping from $108,925 to $108,100 within 24 hours. Despite this, the strong buying activity from top treasury holders has continued to reflect sustained institutional interest in Bitcoin’s long-term value.
Community Engagement Around BTC Continues
The jocular interplay between Saylor and Gerovich is part of larger attempts by the two entities (Strategy and Metaplanet) to seize the center stage in Bitcoin adoption by corporations. The post by Saylor grabbed attention, and the Twitter luminary was still harping on why BTC should be held as part of the treasury.
The exchange demonstrated the spirit of competition but collaboration in the Bitcoin territory, as companies keep stockpiling BTC even during the declines. Such movement has shed added light on the companies that have been aggressively amassing their holdings in cryptos.
