Metaplanet Inc. (Tokyo: 3350), a renowned Japanese company, has recently revealed its impressive yearly financial performance. Known for managing a prominent hotel, the company has strategically shifted its focus towards Bitcoin (BTC), a move that has significantly boosted its earnings to the highest levels since 2017. By emulating the strategy of MicroStrategy Inc. (NASDAQ: MSTR), which holds over 2% of the total Bitcoin supply, Metaplanet is poised for sustained growth in the years to come.
Unprecedented Stock Market Performance
In the financial year spanning from January 1, 2024, to December 31, 2024, Metaplanet witnessed a remarkable surge in its stock market value, skyrocketing over 1,947 percent to approximately ¥3,480 by the end of the year. This surge was accompanied by a staggering 388x increase in traded volume compared to the previous year, driven by mounting interest from its expanding base of more than 50,000 shareholders.
Key Highlights of 2024
- Achieved the highest return percentage in Japan at 2,629%.
- Led market capitalization growth across Japan.
- Increased Bitcoin holdings from zero to 1,761 BTC.
- Ranked as the 15th largest publicly listed Bitcoin holder globally.
- Reported the first projected profit since 2017.
- Remarkable 388x year-over-year increase in trading volume.
Currently, Metaplanet holds approximately 1,761 Bitcoins, establishing itself as the 15th largest publicly traded company in terms of Bitcoin holdings. Bitcoin adoption by institutions is on the rise—read the Bitcoin price prediction to understand how this trend could shape its future value!
Financial Outlook and Strategic Initiatives
Metaplanet is on track to report its first annual consolidated operating profit since 2017, projected to be around ¥270 million, from a revenue of approximately ¥890 million in 2024. This financial turnaround has been largely attributed to the company’s strategic Bitcoin adoption plan.
Among the notable achievements under this plan is the acquisition of the license for Bitcoin Magazine Japan, set to launch in the first quarter of 2025. Furthermore, Metaplanet’s stock has been listed on the OTCQX platform under the ticker MTPLF, broadening its reach to global investors.
Market Impact
The growing adoption of Bitcoin by institutional investors has significantly contributed to the ongoing macro bull market. Despite the current crypto market correction, Bitcoin prices are anticipated to rally towards $200,000 in 2025, as nation-states, led by the United States, spearhead Bitcoin adoption.
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FAQs
How much Bitcoin does Metaplanet hold?
Metaplanet holds about 1,761 Bitcoins, making it the 15th largest publicly traded company in Bitcoin holdings.
Who owns the most Bitcoin government?
The U.S. government owns the most Bitcoin, with approximately 183,850 BTC, mainly seized from criminal investigations and auctions.
What is Metaplanet’s forecast for Bitcoin in 2025?
Metaplanet anticipates Bitcoin’s price could reach $200,000 in 2025 as adoption grows globally, especially in the U.S.
