Source: Blockchain Knights

BTC rebounded after the US presidential election with prices approaching $100,000, which had a number of positive impacts on Crypto asset-related companies.

Metaplanet is one of the beneficiaries, and its stock price also reflects the bullish sentiment in the market.

In addition to the ongoing BTC accumulation strategy, Metaplanet has also taken an important step: reaching a cooperation with "Bitcoin Magazine" (Bitcoin Magazine) to jointly launch "BTC Japan Magazine" (Bitcoin Magazine Japan).

This move dates back to a memorandum of understanding signed in July 2024, with Metaplanet positioned as a "key player in promoting BTC adoption in Japan."

Simon, CEO of Metaplanet Gerovich made the same comment on >

Metaplanet further emphasized this issue in a statement: "Through "BTC Japan Magazine", Metaplanet hopes to become the authoritative spokesperson for Japanese BTC."

Currently, Metaplanet has strengthened its BTC Acquisition strategy, which is related to micro strategy Strategy’s bold approach.

MicroStrategy recently increased its holdings by 124.11 BTC, bringing its total to approximately 1142.287.

To fuel its accumulation efforts, Metaplanet made a strategic dilution of its outstanding shares and announced plans to issue $11.3 million in debt.

After this, Metaplanet's stock price experienced a significant surge. Its shares have soared nearly 10x since adopting a BTC-centric strategy.

So, with BTC prices poised to climb further in the coming months, Metaplanet stock appears well-positioned to benefit from this bullish momentum.

However, according to data from Google Finance, the company’s stock price has declined slightly so far, with a decrease of 2.58%.

However, this small setback cannot overshadow the huge gains made by the company’s Crypto asset-focused strategy.

Bloomberg pointed out in a recent article: "Japan's hottest stock is a 139-year-old company that has risen as much as 430% this year."

Therefore, it is popular among the public Considered an “Asian micro-strategy,” Metaplanet has made a name for itself with its aggressive BTC strategy.

An X user used a very appropriate metaphor: "This company will follow Wei CeWith the pace of strategy, he became Japan's 'Titan' (the giant in ancient Greek mythology). ”