Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy

Metaplanet, a firm in Japan known as “Japan’s MicroStrategy” on Crypto Twitter, has seen its shares surge 158% over the last week. Following this, trading stock came to a stop for two consecutive days. Meanwhile, the company is now in the lead among Japanese stocks as the highest gainer. Metaplanet has gained attention due to its strategy, which has been likened to MicroStrategy’s. Notably, the latter is the largest Bitcoin corporate holder. Metaplanet, on the other hand, has shifted its goal to accumulating more Bitcoin over time. Metaplanet share price is at 93 Japanese yen, up from 41 at Monday’s close, rising 127%.

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