Metaplanet Stock Surges 20% Overtaking McDonalds Japan in Valuation

Bhushan Akolkar
Updated
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Metaplanet stock gains before company's Bitcoin Income Strategy results

Highlights

  • On Monday, Metaplanet shares jumped 20% following a $5.4 billion fundraising initiative to purchase Bitcoin.
  • Since adopting the Bitcoin standard in May 2024, Metaplanet’s stock has delivered 2000% gains.
  • The firm now holds 8,888 BTC in its treasury and has surpassed McDonald’s Japan in market valuation.
  • analysts forecast a 5x rally coming ahead for Metaplanet by end of 2025.

Metaplanet stock surged 20% during Monday’s trading session on the Tokyo Stock Exchange, with its valuation nearly 1 trillion JPY, while surpassing McDonald’s Japan. The rally follows the firm’s announcement last Friday of a $5.4 billion fundraising initiative to support its ambitious Bitcoin acquisition plans. The company aims to secure 1% of Bitcoin’s total supply, approximately 210,000 BTC, by the end of 2027, amid accelerated BTC purchases this year.

Metaplanet Stock Hits Fresh Yearly High With 20% Upside

Earlier today, the Metaplanet share price surged all the way to 1638 JPY, hitting a fresh yearly high, amid investors’ rush as the Japanese firm announced $5.4 billion fundraising for additional Bitcoin purchases.

The firm currently holds 8,888 Bitcoins in its kitty at the moment, while setting up an ambitious target of having 210,000 Bitcoins in its treasury by the end of 2027. The company intends to issue 5.55 billion new shares via floating strike price warrants, leveraging the volatility of its stock and strong market demand.

Over the past month, the Metaplanet stock has surged nearly 200%, while its year-to-date gains stand at 331%. Ever since it adopted the Bitcoin standard last year in May 2024, the stock has boosted investors’ wealth by a staggering 2000%. Company’s Bitcoin strategist Dylan LeClair explained how Japan’s Google searches for Metaplanet has shot up recently.

With the company valuations now approaching 1 trillion JPY, it has also overtaken McDonald’s Japan with today’s move, which has an 800 billion JPY valuation, as per data from Yahoo Finance.

Bitcoin-Proxy Firm Purley Cominates the Standard Market

Company CEO Simon Gerovich stated that the Metaplanet stock emerged as the most purchased stock last week through NISA accounts at SBI Securities, Japan’s largest online brokerage. The surge in demand highlights Japanese investors’ growing interest in leveraging the country’s tax-free investment scheme, NISA, to gain indirect exposure to Bitcoin without incurring capital gains tax.

During his recent CNBC interview, Gerovich highlighted absolute pure dominance on the Standard Market, stating:

“Right now, Metaplanet has the highest trading value across the entire market. That’s right — it’s showing truly extraordinary strength. The total trading value of the Standard Market is around 300 to 310 billion yen, and about 70% of that comes from Metaplanet”.

Apart from the Japanese market, the Metaplanet share price (MTPLF) is also roaring on the US indices. Analysts predict MTPLF to rally 5x by the year to $50, if Bitcoin price hits $200K by the year-end.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.