Metaplanet, a Japanese listed company, has seen its share price rise by more than 1,000% this year, becoming the best performing Japanese stock.

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Cointime2024/11/03 05:11

By:Cointime

On November 3rd, Metaplanet CEO Simon Gerovich, of a Japanese listed company, stated that the company's use of a Bitcoin strategy has resulted in a year-to-date increase of approximately 1,017%, making it the best-performing Japanese stock of 2024. The company launched a Bitcoin program in April and has since become the second-largest Bitcoin holder in Asia, second only to Boya Interactive. According to Yahoo Finance data, its stock price has risen 740% in six months, from $190 in April to $1,596 at Friday's close. The company currently holds 1,018.17 BTC, with an average purchase price of $61,800, resulting in a floating profit of over $6 million based on the current BTC price.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget-RWA•2025/09/12 06:14

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Bitget-RWA•2025/09/12 06:14