Metaplanet’s stock has surged 4000% thanks to its Bitcoin strategy
The company has set a goal to expand its bitcoin treasury to 10 000 BTC this year
![Metaplanet’s stock has surged 4000% thanks to its Bitcoin strategy](https://storage.getblock.net/source/1/TgTyvValNtb6SWYOwDtUnQQ5bGT4FRSx.webp)
10.02.2025 - 13:20
25
3 min
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What’s new? Shares of Japanese investment company Metaplanet have risen more than 4000% over the past 12 months. The growth is due to the company’s pivot to a “Bitcoin-first, Bitcoin-only” strategy that aims to increase its bitcoin reserve. According to Trading View, Metaplanet Inc. has become the best-performing stock in Japan over the past year.
![Japan’s SBI plans the country’s first USDC listing](https://storage.getblock.net/source/1/BBgEqzGfK86WVA0l2N7bORomcEYvXGnz.png)
Japan’s SBI plans the country’s first USDC listing
The group of companies is now laying the groundwork for a “full-scale introduction of stablecoins”
Metaplanet follows the success of Michael Saylor’s Strategy, which was formerly known as MicroStrategy. The company has inspired several firms to buy and hold bitcoins in their corporate treasuries to hold and boost their stock prices.
In Japan, software developer Remixpoint Inc. also announced last September that it planned to spend 1,2 billion Japanese yen (about $8 million) to buy BTC. Since then, the company’s stock has risen more than 300%.
“Companies that have seen their stock struggle, often because their business models are not particularly compelling in the eyes of many investors, have opted to follow MicroStrategy’s lead,” Mark Palmer, senior equity research analyst at The Benchmark Company told Financial Times.
What else is known? According to Bitcointreasuries.net, Metaplanet has acquired 1762 BTC worth $172,31 million since April 2024. The Japanese tech giant has set a goal to expand its bitcoin treasury to 10 000 BTC this year. Metaplanet CEO Simon Gerovich commented in his account on X:
“In 2025, we aim to expand our Bitcoin holdings to 10,000 BTC by utilizing the most accretive capital market tools available to us.”
![Metaplanet plans to buy 10 000 BTC in 2025](https://storage.getblock.net/source/1/wnJATwxijajSXTPFcTgSC2kzDTuabN2t.png)
Metaplanet plans to buy 10 000 BTC in 2025
The company intends to become one of the top ten largest holders of the first cryptocurrency
In addition, the company said that the number of shareholders has grown to nearly 50 000, up 500% since 2024. Its shareholders include Capital Group, which also invested in Strategy, Bloomberg reported.
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