Metaplanet and El Salvador Add Bitcoin as Fear and Greed Index Hits Neutral

Tatevik Avetisyan
By Tatevik Avetisyan 4 Min Read
Metaplanet and El Salvador Add Bitcoin as Fear and Greed Index Hits Neutral

Metaplanet, the Japanese investment company, confirmed on Monday that it purchased 136 Bitcoin (BTC). The buy increased its holdings to 20,136 BTC, valued at more than $2.2 billion at the current market price of $111,953 per coin.

Metaplanet Inc. Bitcoin Purchase DisclosureSource: X (@Metaplanet_JP)
Metaplanet Inc. Bitcoin Purchase Disclosure. Source: X (@Metaplanet_JP)

The firm disclosed that it paid about 16,554,535 Japanese yen ($111,830) for each Bitcoin. According to Bitbo, Metaplanet is the sixth-largest public Bitcoin holder and the largest Bitcoin treasury in Japan among 186 tracked companies.

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In June 2025, CEO Simon Gerovich said the company’s long-term target is to acquire 210,000 BTC by 2027. If completed, this would place Metaplanet behind only Strategy, the current leader in corporate Bitcoin reserves.

Metaplanet 2025–2027 Bitcoin Plan AnnouncementSource: X (@gerovich)
Metaplanet 2025–2027 Bitcoin Plan Announcement. Source: X (@gerovich)

Metaplanet Stock Moves Lower After Recent Buys

Metaplanet first announced a Bitcoin purchase on July 22, 2024, when its stock jumped 19% to $1.10. Since then, new Bitcoin purchases have not generated the same reaction in the market.

In the latest trading session, Metaplanet shares fell nearly 3% to $4.65, though the stock remains up 92.45% year to date. The company also revealed plans to raise $880 million through a public share offering in overseas markets on August 27, 2025.

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Executives admitted that the stock decline placed stress on its capital-raising “flywheel”, a funding model that depends on strong investor demand as the firm continues expanding its Bitcoin treasury.

El Salvador Adds 21 Bitcoin on Bitcoin Day

El Salvador also increased its Bitcoin treasury on Monday. President Nayib Bukele confirmed that the country purchased 21 BTC to mark Bitcoin Day, the anniversary of the September 2021 law that made Bitcoin legal tender.

The country’s Bitcoin Office stated that El Salvador’s total holdings now stand at 6,313 BTC. The symbolic buy coincided with events celebrating the adoption of Bitcoin in the nation’s financial system.

In July 2025, the International Monetary Fund (IMF) reported that El Salvador had not purchased new Bitcoin since signing a $1.4 billion loan agreement in December 2024. That deal included requirements to limit further Bitcoin exposure, raising questions about future treasury expansion.

Michael Saylor Hints at More Bitcoin for Strategy

Meanwhile, Michael Saylor, executive chairman of Strategy, suggested another Bitcoin buy on Sunday. In a post on X, he shared a screenshot of the firm’s Bitcoin portfolio with the caption, “needs more orange.”

Michael Saylor Bitcoin Portfolio UpdateSource: X (@saylor)
Michael Saylor Bitcoin Portfolio Update. Source: X (@saylor)

Saylor often publishes such posts before announcing new corporate Bitcoin purchases. Strategy currently holds 636,505 BTC, remaining the largest corporate Bitcoin treasury by a wide margin.

Shares of Strategy (MSTR) rose 2.5% in the last trading session to $335.87. Despite volatility in August, the stock remains 12% higher year to date.

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The moves by Metaplanet, El Salvador, and Strategy came as market sentiment steadied. The Bitcoin Fear and Greed Index climbed to 51, shifting to a neutral position after three straight days in the “fear” zone.

The index, which tracks sentiment using trading volume, volatility, and momentum, reflected a balance between buying and selling pressures.

Tatevik Crypto Journalist CoinChapter

Tatevik Avetisyan

Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments.She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies. Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.