Japanese company Metaplanet has been acquiring Bitcoin following the same strategy as MicroStrategy, resulting in a significant increase in its BTC holdings. This has led to a nearly doubled valuation since the beginning of the year. Similar to MicroStrategy, whose stock price has increased by 2200% after adding Bitcoin to its treasury, Metaplanet could experience a similar stock rally if it continues to hold and acquire BTC in future market cycles.



Other News from Today