Shares of Metaplanet, dubbed "Japan MicroStrategy", have risen 50 per cent in the past two days.
2024-05-22 20:20:20
Metaplanet, a Japanese-listed company known as "Japan MicroStrategy" on the X platform, has outperformed all other companies on the Japanese stock market since the beginning of the week. In the past two days, Metaplanet's share price has risen by 50%, from 41 yen on Monday to 90 yen on Wednesday. According to the regulations of the Tokyo Stock Exchange (TSE), this is the two consecutive trading days that Metaplanet has reached its largest daily gain. Following in the footsteps of MicroStrategy, Metaplanet's main corporate goal is to accumulate as many bitcoins as possible. Dylan LeClair, director of bitcoin strategy at Metaplanet, said that various opportunities to acquire additional bitcoins will be explored, including any opportunities that exist in the capital markets.
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