Bitcoin Pepe price outlook as Metaplanet buys over 1,000 BTC

Bitcoin edged above the $107,000 mark on Monday following a turbulent weekend marked by intensifying geopolitical tensions between Iran and Israel. The world’s largest cryptocurrency was trading at $107,092, up 1.5% over the past 24 hours, according to CoinMarketCap. Ether, the second-largest cryptocurrency by market cap, rose 1.48% over the past day to $2,569. Markets are now squarely focused on the Federal Open Market Committee (FOMC) meeting set for Tuesday and Wednesday. According to the CME Group’s FedWatch Tool, there is a 96.7% probability that the Federal Reserve will leave interest rates unchanged at 4.25% to 4.50%. Traders will be closely watching not just the rate decision, but also Fed Chair Jerome Powell’s commentary, which could provide cues on the path of monetary policy and its implications for risk assets, including cryptocurrencies. The broader market mood remains cautiously optimistic, supported in part by robust capital flows into crypto-linked investment vehicles. Spot Bitcoin ETFs saw net inflows of $5.23 billion in May, matching the surge in demand seen around the time of US President Donald Trump’s election. The broader optimism can also be seen spilling into early-stage projects such as Bitcoin Pepe . The project’s presale saw heavy inflows over the past week. Metaplanet hits 10,000 BTC target Shares of Metaplanet surged more than 17% on Monday after the Tokyo-based investment firm announced it had acquired an additional 1,112 Bitcoin, pushing its total holdings to 10,000 BTC, surpassing the amount held by US-listed crypto exchange Coinbase Global. CEO Simon Gerovich disclosed on X that the company spent $117.2 million on the latest purchase, paying an average price of $105,435 per Bitcoin. Simon Gerovich @gerovich · Follow Metaplanet has acquired 1112 BTC for ~$117.2 million at ~$105,435 per bitcoin and has achieved BTC Yield of 266.1% YTD 2025. As of 6/16/2025, we hold 10,000 $BTC acquired for ~$947 million at ~$94,697 per bitcoin. $MTPLF 8:30 am · 16 Jun 2025 3.5K Reply Copy link Read 176 replies The acquisition vaults Metaplanet above Coinbase, which currently holds 9,267 BTC, according to Bitcointreasuries.net. Also on Monday, Metaplanet revealed that its board had approved the issuance of its 18th series of ordinary bonds, valued at $210 million, to EVO Fund, with a maturity date of December 12, 2025. The company said the proceeds from the bond issuance will be used to fund further Bitcoin purchases. Bitcoin Pepe’s set to ride the crypto wave Bitcoin’s growing integration into institutional finance is reinforcing the foundation for broader crypto market momentum. This shift is reviving investor appetite for high-risk, high-reward segments—particularly meme coins, which are once again drawing fresh inflows. Among the emerging names, Bitcoin Pepe is gaining notable traction. The project has captured attention by combining viral meme appeal with ambitions rooted in blockchain infrastructure—a rare blend in a category typically dominated by hype-driven assets. Positioned as one of 2025’s most closely watched crypto presales, Bitcoin Pepe aims to “build Solana on Bitcoin,” leveraging the Bitcoin network’s security while targeting the scalability of Solana’s architecture. Unlike most meme tokens, it is underpinned by a clear technical roadmap. The project has raised over $14.5 million during its ongoing presale, ahead of a listing announcement scheduled for June 17. To support the development of its Layer 2 ecosystem, Bitcoin Pepe has secured strategic partnerships with Super Meme, Catamoto, and Plena Finance. As capital continues rotating into early-stage plays, Bitcoin Pepe appears well-positioned to capture momentum in the final phase of its token offering. The post Bitcoin Pepe price outlook as Metaplanet buys over 1,000 BTC appeared first on Invezz

Source: Invezz