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Metaplanet, known as the "Japanese MicroStrategy," has seen its share price rise 50% in the past two days

Metaplanet, known as the "Japanese MicroStrategy," has seen its share price rise 50% in the past two days

CointimeCointime2024/05/23 00:38
By:Cointime

The Japanese listed company Metaplanet is known as "Japan's MicroStrategy" on the X platform, and its performance on the Japanese stock market has surpassed all other companies since the beginning of this week. In the past two days, Metaplanet's stock price has risen by 50%, from 41 yen on Monday to 90 yen on Wednesday. According to the rules of the Tokyo Stock Exchange (TSE), this is the maximum daily increase that Metaplanet has achieved for two consecutive trading days. Following in the footsteps of MicroStrategy, Metaplanet's main corporate goal is to accumulate as many bitcoins as possible. Dylan LeClair, Metaplanet's Bitcoin Strategy Director, said that they will explore various opportunities to obtain additional bitcoins, including any opportunities they believe exist in the capital market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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