The nearly 90% increase in Metaplanet (Japan) share prices following the announcement of their Bitcoin strategy shows the significant positive impact of the decision. This suggests that investors see the move as a boost to the company's value, as Bitcoin adoption could open up new opportunities and increase long-term growth potential. Additionally, this also reflects the market's confidence in the growth potential and success of Metaplanet's Bitcoin strategy. However, keep in mind that drastic increases in share prices can also attract the attention of regulators or cause high market volatility, so risks still need to be considered.
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