Metaplanet Holds Over 7,800 BTC as Stock Surges 224% in a Month
At the Bitcoin 2025 conference, Metaplanet’s strategist Dylan LeClair emphasized the company’s commitment to Bitcoin, stating it does not view the asset as a hedge. Key points include:
- Metaplanet holds over 7,800 BTC in its Treasury.
- The stock price surged by 224% in the past month and 1,565% over the last year.
- Metaplanet aims for long-term investment in Bitcoin, contrasting with companies seeking short-term gains.
- The firm is targeting 10,000 BTC in its Treasury.
- Recent trading session saw Metaplanet's stock rise by 15%, closing at 1116 JPY.
- It became the most traded stock on the Tokyo Stock Exchange last week.
Bitcoin is currently around $109,600, facing resistance at its all-time high.