Switching from running a hotel to hoarding bitcoin, Japan's Metaplanet shares rose 4,000% in a year.
2025-02-10 04:02:07
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On February 10, US President Donald Trump's pro-cryptocurrency agenda caused a chain reaction. The Japanese market saw a surge in demand for bitcoin, and a hotel operator turned to reserve bitcoin, which brought an eye-popping return to shareholders. According to data, the share price of Metaplanet Inc. has risen by more than 4,000% in the past 12 months, the largest gain in the Japanese stock market during the same period, and one of the highest gains in the world. Bitcoin had previously hit a record high, although it has corrected due to global uncertainty caused by Trump's trade policies. Metaplanet is one of many companies in the world that have imitated MicroStrategy (MSTR. O) and achieved success. US-based MicroStrategy has become a leveraged Bitcoin broker and giant after amassing more than $45 billion in Bitcoin. < br > < img src = "https://flash-scdn.jin10.com/24403cd3-79da-4b8b-8222-78b242951b3c.png" referrerpolicy = "no-referrer" >
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