BlackRock and Metaplanet have ramped up their Bitcoin acquisitions despite recent market volatility. BlackRock bought 12,272 BTC worth $742 million in 16 days, bringing its total holdings to 369,822 BTC valued at $22.4 billion. Metaplanet, an Asian crypto investment firm, purchased 108.99 BTC for 1 billion yen, increasing its total holdings to 748.50 BTC. These large-scale purchases by institutional investors signal growing confidence in Bitcoin's long-term value, even as the crypto briefly dipped below $59,000 following US CPI data before rebounding above $60,000.