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Data: Japanese listed company Metaplanet's stock price has risen over 1000% this year, becoming the best-performing Japanese stock

2024-11-03 11:59:53

ChainCatcher News, Japanese listed company Metaplanet's CEO Simon Gerovich recently stated that the company's Bitcoin strategy has led to a stock price increase of approximately 1,017% year-to-date, making it the best-performing Japanese stock of 2024.

The company launched its Bitcoin program in April and has now become the second-largest Bitcoin holder in Asia, second only to Boyaa Interactive. According to Yahoo Finance, its stock price has risen by 740% in six months, climbing from $190 in April to $1,596 at Friday's close.

The company currently holds 1,018.17 BTC, with an average purchase price of $61,800, resulting in an unrealized gain of over $6 million based on the current BTC price.

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