• Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact
Wednesday, May 14, 2025
FinCurrency
No Result
View All Result
  • Home
  • News
  • Finance
  • Economy
  • Crypto
  • Home
  • News
  • Finance
  • Economy
  • Crypto
No Result
View All Result
FinCurrency
No Result
View All Result

Metaplanet Bitcoin Holdings Skyrocket, Fueling Record-Breaking Profits in 2024!

Andras Crow-Hreidar by Andras Crow-Hreidar
December 31, 2024
in Crypto, News
Reading Time: 3 mins read
A A
0
Metaplanet Inc. Plans Major Bitcoin Expansion with $6.6M Stock Sale!
0
SHARES
0
VIEWS
FacebookTweetPinShareShare

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

blockdag 70m

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.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. The company’s journey underscores a crucial point: those who embrace Bitcoin today are shaping tomorrow’s economy. It’s both an asset and a strategy rolled into one!

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.

Tags: Bitcoin
Previous Post

Top Analyst Reveals His Picks

Next Post

New York Court Reschedules Civil Case to January 2025

Andras Crow-Hreidar

Andras Crow-Hreidar

Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.As a journalist, I'm committed to providing my readers with accurate and reliable reporting. I believe that access to high-quality information is essential for making informed decisions, whether it's about personal finances or investments. When I'm not writing about finance, I enjoy a variety of hobbies and interests.

Next Post
Crypto.com Acquires SEC Registered Broker, Watchdog Capital to Expand Offerings in U.S.

New York Court Reschedules Civil Case to January 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Popular News

  • How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    0 shares
    Share 0 Tweet 0
  • Top 10 Altcoins Under $1 to Invest in 2025

    0 shares
    Share 0 Tweet 0
  • Alex Mashinsky Net Worth: From Tech Pioneer to Legal Battle

    0 shares
    Share 0 Tweet 0
  • How to Earn Passive Income? Embrace the Future of Passive Income and Earn 20% Instant USDT with Caged Beasts Coin

    0 shares
    Share 0 Tweet 0
  • Vanguard Routing Number: How to Find and Use It

    0 shares
    Share 0 Tweet 0

Recent News

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025
FinCurrency Logo White Mode Retina Mobile

FinCurrency is a user-friendly platform that stands out as a unique source where our strong team of experienced and academically qualified writers, who are experts in their fields, analyze current issues and global affairs related to the finance and crypto world in an enjoyable and non-technical approach.

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025

WARNING:

The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.
Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

  • Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact

© 2024 FinCurrency - Global News

No Result
View All Result
  • Home
  • News
  • Economy
  • Finance
  • Crypto
  • Technology
  • Terms and Conditions
  • Contact

© 2024 FinCurrency - Global News

Banner 1
Banner 2
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms and Conditions.