The Japanese hotel and investment firm Metaplanet witnessed its stock explode by a staggering 3,575% in the past year as it launched an aggressive Bitcoin (BTC) accumulation strategy.
Metaplanet gobbled up 1,762 BTC last year and became “the best-performing stock worldwide,” according to a recent company earnings presentation.
“By year-end 2024, our Bitcoin holdings were 14x our market cap in April, a pace unmatched by any public company. Metaplanet is now Asia’s largest public Bitcoin holder and a top 15 holder globally. Our ongoing ability to access capital markets efficiently translates directly into BTC per share growth, ensuring every yen raised increases our Bitcoin reserves.
In Q4, we launched Bitcoin Income Generation, a structured, capital-efficient program that monetizes Bitcoin volatility through option premiums without touching our cold storage reserves (1,762 BTC). This strategy leverages newly raised capital and excess collateral, generating sustainable revenue to strengthen our balance sheet and accelerate Bitcoin accumulation.”
Metaplanet holds the 15th-largest BTC corporate treasury in the world, according to Bitcointreasuries.net.
The Japanese firm aims to acquire 10,000 Bitcoin by the end of 2025 and 21,000 BTC by the end of 2026.
Metaplanet also continues to operate a Tokyo hotel, which it plans to renovate and rebrand into “the Bitcoin Hotel.”
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