Metaplanet Inc. (Tokyo: 3350), a prominent Japanese company known for its expertise in hotel management and Bitcoin (BTC) investments, has announced its most successful annual financial performance since 2017. The company’s strategic acquisition of Bitcoin over the past year has been a pivotal factor in this remarkable turnaround.
Drawing inspiration from MicroStrategy Inc. (NASDAQ: MSTR), which famously holds over 2% of the total Bitcoin supply, Metaplanet is making a significant bet on BTC as a long-term growth strategy. With Bitcoin maintaining its status as the top-performing global currency and commodity, Metaplanet is strategically positioned for sustained success in the years to come.
Massive Stock Market Surge in 2024
Between January 1 and December 31, 2024, Metaplanet’s stock experienced an extraordinary rise of 1,947%, closing the year at approximately ¥3,480. This surge was accompanied by a remarkable increase in trading volumes, which soared by over 388 times year-over-year, driven by strong demand from its more than 50,000 shareholders.
2024 Recap
- #1 return % in Japan: 2,629%
- #1 market cap growth in Japan
- 0 to 1,761 BTC HODL
- #15 listed BTC holder globally
- 1st projected profit since 2017
- 388x volume traded year/year
Metaplanet now holds 1,761 Bitcoins, making it the 15th largest publicly traded company in terms of BTC reserves. The rise in institutional Bitcoin adoption is further fueling this growth, illustrating how this trend could potentially influence future Bitcoin value.
Metaplanet is on track to post an annual consolidated operating profit of ¥270 million in 2024, supported by total revenues of ¥890 million. This achievement marks its first operating profit since 2017, representing a significant milestone for this mid-cap company.
Major Achievements Powered by Bitcoin
The Bitcoin-focused strategy adopted by Metaplanet has facilitated several significant accomplishments:
- Bitcoin Magazine Japan: The company secured a license to launch this publication, with a scheduled release in Q1 2025.
- Global Reach: Metaplanet’s stock is now listed on the OTCQX platform under the ticker MTPLF, providing access to international investors.
Market Impact
The ongoing adoption of Bitcoin by institutional investors continues to play a major role in the current macro bull market. Even amidst the ongoing crypto correction, Bitcoin’s price is projected to rally towards $200,000 in 2025 as nation-states, led by the United States, set the pace for Bitcoin adoption.
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FAQs
How much Bitcoin does Metaplanet hold?
Metaplanet holds approximately 1,761 Bitcoins, making it the 15th largest publicly traded company in Bitcoin holdings.
Who owns the most Bitcoin in government?
The U.S. government owns the most Bitcoin, with approximately 183,850 BTC, primarily seized from criminal investigations and auctions.
What is Metaplanet’s forecast for Bitcoin in 2025?
Metaplanet anticipates that Bitcoin’s price could reach $200,000 in 2025 as adoption grows globally, especially in the United States.