The stock price of the Japanese listed company Metaplanet has risen by more than 1000% within the year, becoming the best performing Japanese stock
Simon Gerovich, CEO of the Japanese listed company Metaplanet, recently stated that the company's Bitcoin strategy has led to a rise in its stock price by about 1,017% so far this year, making it the best-performing Japanese stock in 2024. The company launched its Bitcoin plan in April and is now the second-largest Bitcoin corporate holder in Asia, only behind Boyaa Interactive.
According to data from Yahoo Finance, its stock price has risen by 740% within six months, climbing from $190 in April to $1,596 at Friday's close. The company currently holds 1018.17 BTC with an average purchase price of $61,800 per coin. Calculated based on the current BTC price results in a floating profit exceeding $6 million USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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