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- Metaplanet Buys 1,004 More Bitcoins
Metaplanet Buys 1,004 More Bitcoins
Chip Giants Unveil AI Future and Alibaba Falls on AI Deal Risk
CRYPTO
Metaplanet Buys 1,004 More Bitcoins
Tokyo-based investment firm Metaplanet has acquired an additional 1,004 bitcoin (BTC) for roughly $104.3 million, bringing its total holdings to 7,800 BTC. The firm’s average cost per bitcoin now stands at $91,300, while the market value of its holdings has surpassed $806 million. Metaplanet began accumulating bitcoin in April 2024, following a treasury model similar to MicroStrategy’s. Its latest purchase, disclosed Monday, was made at an average price of $103,873 per BTC.
The company has set a goal to amass 10,000 BTC by the end of 2025 and is funding the purchases through bond issuances. So far, it has completed 15 bond sales, with the most recent raising $15 million. This aggressive bitcoin strategy comes as BTC trades just below its all-time high—around $103,343—fueled by a broader crypto rally and improving macroeconomic conditions. Metaplanet’s bullish stance highlights growing institutional interest in bitcoin as a long-term store of value.
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TECH
Chip Giants Unveil AI Future
Global chip leaders are gathering in Taiwan this week for Computex, a major tech expo highlighting the future of AI hardware. Nvidia CEO Jensen Huang will headline the event, teasing major announcements as Taiwan remains the world’s hub for advanced chipmaking. Executives from Qualcomm, MediaTek, and Foxconn are expected to showcase how AI is expanding beyond data centers into laptops, robots, and vehicles.
Analysts say 2025–2026 will be critical for turning AI breakthroughs into real-world applications. But rising U.S. tariffs threaten global supply chains. Taiwan faces potential 32% levies, prompting firms like TSMC and GlobalWafers to boost U.S. investments—$165B and $4B.
Despite geopolitical pressures, Huang remains optimistic. He believes Taiwan’s innovation and talent will keep it central to the tech ecosystem. As AI accelerates and political risks mount, all eyes are on Taiwan—the frontline of the chip and AI race shaping our digital future.
TECH
Alibaba Falls on AI Deal Risk
Alibaba shares fell nearly 5% in Hong Kong after reports that the Trump administration is raising national security concerns about a potential AI deal between Apple and Alibaba. According to The New York Times, U.S. officials are scrutinizing Apple’s plan to integrate Alibaba’s AI into iPhones sold in China. Neither company nor the White House has commented publicly.
This news adds pressure to Alibaba, whose stock had already been slipping following weaker-than-expected quarterly earnings. Analysts warn that U.S. resistance could stall Alibaba’s cloud ambitions and delay AI infrastructure investments.
The partnership was initially seen as a major win for Alibaba. Chairman Joseph Tsai had previously confirmed Apple’s use of their AI tech, fueling a surge in shares earlier this year. Despite the setback, Alibaba is still up over 40% year-to-date.
Some analysts suggest Apple has more at stake. Without a local AI partner, it risks losing ground in its critical Chinese market.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.