The value of the Japanese investment firm, which is compared to the US-based Strategy Company, increased by 46 times! Here are the details.

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The stock price of the Japanese investment firm MetaPlanet, which is generally compared to the US-based Strategy, increased by 46 times last year.

Japanese 'Strategy' Shares Increased 46 Times in the Middle of the Bitcoin Investment Boom in One Year

The rally was fueled by the recent fluctuation of Bitcoin, which gained momentum following Donald Trump's election victory and his subsequent crypto-friendly stance.

MetaPlanet's stock performance ranks among the top among 1,576 companies listed on the Tokyo Stock Exchange's Standard Market.

With a 46-fold gain, it has become one of the best performing stocks globally, overshadowing the 4.6% increase in the Standard Index and the 7.3% increase in the broader TOPIX index.

MetaPlanet underwent a dramatic transformation over the years. Initially founded in 1999 as a music CD company, the company shifted its focus to the accommodation and catering industry in 2013. However, the COVID-19 outbreak significantly impacted its business and pushed the company into negative equity in 2022.

A year later, MetaPlanet rebranded and fully dedicated itself to Bitcoin investments and holdings.

According to the announcement made by MetaPlanet on January 28, it had approximately 1,762 BTC, which is about $171 million(, by the end of 2024.

The company aims to increase its Bitcoin assets to 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. To finance these purchases, it plans to issue 21 million new shares with adjustable exercise prices.

BTC0.77%
TRUMP1.04%
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