Metaplanet, Japan's First Listed Bitcoin Treasury, Reports $36M Gains and 4,800% Stock Surge, Plans 21,000 BTC Acquisition by 2026

Metaplanet, a Japanese hotel investor and the country's first and only publicly listed Bitcoin Treasury company, has reported unrealized gains of $36 million from its Bitcoin investments in 2024.

The company plans to significantly expand its Bitcoin holdings, aiming to acquire 10,000 BTC by the end of 2025 and up to 21,000 BTC by the end of 2026, valued at approximately $2 billion.

Metaplanet's stock has surged over 4,800% following its adoption of a Bitcoin strategy, making it the best-performing equity out of 55,000 publicly listed companies in 2024.

The firm's CEO, Simon Gerovich, a former Goldman Sachs equity derivatives trader, was inspired by Michael Saylor's strategy. The strategy includes increasing its Bitcoin holdings per share through debt and equity issuance, and it has already increased its shareholder base by 500% to 50,000 in 2024.

The surge in Metaplanet's stock is partly attributed to the ripple effects of U.S. President Donald Trump's pro-crypto agenda, which has fueled a surge in Bitcoin demand in Japan, with Bitcoin hitting $109,241 last month.

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