Loading...
Market
How will Metaplanet's stock perform relative to the Nikkei 225 by April 30, 2025?
2
Resolution / Starting Odds
Outperforms by more than 10% • 25%
Outperforms by 0-10% • 25%
Underperforms by 0-10% • 25%
Underperforms by more than 10% • 25%
Stock market data from major financial news outlets
Story
Metaplanet Becomes Asia's Largest Bitcoin Holder with 1,018 BTC After ¥1.6 Billion Purchase
Oct 28, 2024, 08:51 AM
Japanese company Metaplanet has acquired an additional 156.78 Bitcoin for ¥1.6 billion (approximately $10.5 million), bringing its total holdings to 1,018.17 BTC valued at around $69 million. This purchase makes Metaplanet Asia's largest corporate Bitcoin holder and the 19th-largest globally. Following the acquisition, the company's stock price surged by 8%. Metaplanet, often referred to as 'Asia's MicroStrategy,' began investing in Bitcoin in May and has steadily increased its holdings since then. The recent purchases follow a ¥1 billion (approximately $6.7 million) funding round aimed at long-term Bitcoin acquisition. CEO Simon Gerovich stated, "Metaplanet now owns more than 1,000 BTC, making it one of the largest corporate holders of Bitcoin in Asia."
View original story
Similar markets
Outperforms Nikkei 225 • 25%
Outperforms TOPIX • 25%
Underperforms both • 25%
Performs similarly to both • 25%
Decrease by more than 20% • 25%
Change between -20% and +20% • 25%
Increase by 20% to 50% • 25%
Increase by more than 50% • 25%
Increase by over 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by over 10% • 25%
Increase by more than 20% • 25%
Increase by 0-20% • 25%
Decrease by 0-20% • 25%
Decrease by more than 20% • 25%
Decrease by more than 5% • 25%
Remain within ±5% • 25%
Increase by 5-10% • 25%
Increase by more than 10% • 25%
Increase by 5% or more • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by 5% or more • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Top 10 • 25%
11 to 20 • 25%
21 to 30 • 25%
Below 30 • 25%
Decrease • 25%
Increase up to 25% • 25%
Increase 25% to 50% • 25%
Increase more than 50% • 25%
Increase by 0-10% • 25%
Increase by 10-20% • 25%
Increase by more than 20% • 25%
Decrease • 25%