Metaplanet Inc. (ticker: 3350.T) is a Japanese company active in hotel management and bitcoin (BTC)-related services. Recently, the company has made significant investments in bitcoin, which has led to a significant increase in its stock price.

Investing in Bitcoin:

In December 2024, Metaplanet purchased approximately 619.7 bitcoins, worth a total of approximately $60 million.

Following this purchase, the company now owns a total of 1,762 bitcoins, which is currently worth around $168 million.


Stock Performance:

Metaplanet's share price has risen more than 2,100% this year, making it one of Japan's best-performing stocks.

In December 2024, the stock price reached an all-time high of 4,270 yen.


Bitcoin Strategy:

Metaplanet has adopted Bitcoin as its reserve asset, inspired by the strategy of US company MicroStrategy.

The company has made bitcoin acquisition and management a formal part of its business, which also includes bitcoin-related consulting services.


future plans:

Metaplanet has raised more than $60 million by issuing bonds to buy bitcoin.

The company is also expanding its services into advanced technologies such as Web3, blockchain, and NFTs.


Please note that investing in the stock market comes with risk, and proper research and consultation is essential before any investment decision.