CoinVoice recently learned that Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated that the company's adoption of a Bitcoin strategy has led to its stock price increasing by approximately 1,017% year to date, making it the best-performing Japanese stock of 2024.
The company launched its Bitcoin program in April and has now become the second largest Bitcoin holder in Asia, second only to Boya Interactive. According to Yahoo Finance data, its stock price has increased by 740% over six months, rising from 190 USD in April to 1,596 USD at Friday's close.
The company currently holds 1018.17 BTC, with an average purchase price of 61,800 USD, resulting in an unrealized profit of over 6 million USD based on the current BTC price. [Original link]
