Metaplanet Dominates Japanese Markets wiht Bitcoin Strategy
On May 23, 2025, Metaplanet became Japanâs most active stock, even as it faced significant losses. This performance didnât deter its status as the leading stock in Japan. Some speculate it could experience a massive short squeeze, similar to GameStop in 2021.
Metaplanet, now known as âJapanâs first and only publicly listed Bitcoin Treasury company,â wasnât always focused on cryptocurrencies. Founded in 1999, it originally operated under a different name and in various sectors. In 2010, CEO Simon Gerovich started a hotel business in Southeast Asia and Japan. COVID-19âs impact on hotels lead Gerovich to look for new opportunities.
In 2024, inspired by Michael Saylorâs strategy, Metaplanet pivoted to become a Bitcoin Treasury Company. The firm sold most of its hotels and began aggressively purchasing Bitcoin as a long-term asset.This move aims to increase shareholder wealth and promote transparency and fairness.
- As of May 2025, Metaplanet holds 7,800 BTC, valued at around $800 million.
- The company plans to open a Bitcoin Hotel in Tokyo by 2026.
- Metaplanetâs stock price has risen over 420% as 2024.
Metaplanetâs extraordinary growth contrasts with the 5% decline in the Nikkei 225. However, the stock faces short-seller pressure.If the Bitcoin strategy succeeds, shorts may face significant losses. Or else, Metaplanet could suffer.