From operating hotels to hoarding Bitcoin, Japan's Metaplanet's stock price rose 4,000% in one year

02/10 04:20

Wechat scan to share

the agenda of US President Trump's support for cryptocurrency has caused a chain reaction, and the demand for Bitcoin in the Japanese market has surged. A hotel management company has switched to reserving Bitcoin, bringing astonishing returns to shareholders. Data shows that the stock price of Metaplanet Inc. has risen by over 4000% in the past 12 months, making it the stock with the largest increase in the Japanese stock market during the same period and one of the stocks with the highest increase globally. Bitcoin had previously reached a historic high, although it has since fallen due to global uncertainty caused by Trump's trade policy. Metaplanet is one of many companies that have successfully imitated MicroStrategy (MSTR.O) in the world. After accumulating more than $45 billion in Bitcoin, MicroStrategy in the US has become a leveraged Bitcoin agent and giant. (Jin10)

Comments

All Comments

Recommended for you

Marcel Pechman · 03/30 06:47

Potential Bitcoin price fall to $65K ‘irrelevant’ since central bank liquidity is coming — Analyst

Analysts say central banks will expand liquidity in the near future, opening the door for Bitcoin price to make a push toward new all-time highs.
Francisco Memoria · 03/30 06:44

Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC

The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
iBTCNetwork · 03/30 06:42

iBTC to Enable Bitcoin-Based Margin Flows for Institutional Counterparties on the Canton Network

The partnership marks the first time Bitcoin can serve as collateral for OTC derivatives margin flows while maintaining transactional privacy and efficiency
@HabitTradeNews · 03/29 03:59

The Irreversible Integration of Global Capital Markets

These two seemingly parallel worlds, driven by the resonance of their underlying logic, are on the cusp of a historic convergence.
PermaDAO · 03/29 03:59

Arweave/AO Ecosystem Highlights Week 12｜Gold Standard Nodes Competition, $AO Listed on CoinGecko & CoinMarketCap, Aolotto Launches $ALT Staking

Arweave sets a new weekly storage record at 7 TiB, $AO gets listed on CoinGecko and CoinMarketCap, Aolotto launches staking with daily rewards, WeaveVM rebrands to Load Network, and Rimbox rolls out the Set Position feature.
PermaDAO · 03/29 03:59

PermaDAO #110 | Aolotto Stake is Now Live | 3.15 - 3.21

Incubated projects Aolotto and Rimbox rolled out major updates, while the weekly highlight recap session continued. For more details on DAO updates, check out the full weekly report!
EMC Labs · 03/29 03:57

The Fed “let go”, ETF funds flowed in, and BTC rebounded to the key price (03.17~03.23)

The BTC Spot ETF channel recorded net inflows for all five trading days of the week, totaling US$1.05 billion, which became the material support for BTC's rebound.
Crypto Daily · 03/29 03:57

Top KOLs from India Join Forces: M3 DAO and MetaMars Launch a New Era of Ecosystem Growth

As M3 DAO and MetaMars steadily expand globally, the powerful influence of KOLs will become a key factor defining the boundaries of the ecosystem.
PreIN · 03/29 03:57

From Meme to President: A Comprehensive Guide to the Past and Present of MEME Coins

the wild evolution of MEME
@HabitTradeNews · 03/29 03:56

Cross-Border Investment: Restructuring Global Capital

In the near future, we will see Wall Street trading terminals integrating DeFi protocols, and Goldman Sachs traders being able to directly call on the liquidity pools of Uniswap through their operating interfaces.