As Metaplanet keeps significantly investing in Bitcoin, its stock has shown an amazing rise over the past 12 months. Often referred to as “Asia’s MicroStrategy,” the company has deliberately raised its Bitcoin holdings in line with the strategy followed by other big corporate investors in the field.
Metaplanet has bought 1,762 BTC, worth around $171 million as of late January. Positioned as a prominent actor in institutional Bitcoin adoption with ambitious aspirations to increase its Bitcoin reserves to 21,000 BTC by 2026, the company is Not only has this aggressive accumulation approach drawn investors, but Metaplanet also reports its first running profit in seven years.
The growing interest in Bitcoin as a treasury asset is driving similar trends in many sectors. While other businesses that have embraced Bitcoin investments have had conflicting reactions in stock performance, in Metaplanet’s instance, the strategy has resulted in a shockingly 6,300% growth in market capitalization over the past year. Its stakeholder count also rose sharply, reaching 500% in 2024.
Global business investment plans have been shaped by Bitcoin’s growing popularity as a hedge against inflation and a workable substitute for conventional cash reserves. Several nations are investigating the digital asset as a possible financial protection, while several states in the United States have passed laws creating Bitcoin reserves.
According to market data, Bitcoin’s supremacy has been progressively increasing; right now, it exceeds 60%. Institutional interest and corporate acceptance have driven this trend, both of which still propel Bitcoin’s expansion in the larger financial scene. Metaplanet is likely to become rather important in this changing market dynamic as it is rapidly increasing its BTC holdings.
