Metaplanet Tops Tokyo Standard Market With $12.87B in June Trading Volume
2025-07-08 08:44:11
Main Idea
Metaplanet's trading volume surged to 1.86 trillion yen ($12.87 billion) in June, making it a top performer on the Tokyo Standard Market, driven by its strategic pivot to Bitcoin and investor interest amid Japan's bond market instability.
Key Points
1. Metaplanet's June trading volume reached 1.86 trillion yen ($12.87 billion), nearly double its May volume of 997.6 billion yen ($6.82 billion).
2. The company's shares surged over 345% in 2024 after shifting to a Bitcoin treasury strategy, holding 15,555 BTC worth $1.69 billion.
3. Investors are turning to Metaplanet as a Bitcoin proxy due to Japan's 30-year government bond prices dropping 45% since 2019.
4. Metaplanet provides Proof of Reserves for its Bitcoin holdings, contrasting with other firms like MicroStrategy, whose CEO criticized on-chain verification.
5. Analysts express skepticism about the sustainability of corporate Bitcoin treasury strategies, warning of potential risks to shareholder value.
Description
Japanese Bitcoin investment giant Metaplanet, which has been continuously increasing its BTC holdings, has seen a significant rise in stock trading volume in June. According to Reuters , Metaplanet’s trading volume rose to 1.86 trillion yen ($12.87 billion) in June. Tokyo Stock Exchange data shows that the numbers are nearly double the 997.6 billion yen ($6.82 billion) in May. The firm’s June trading volume surpassed that of Toyota Motor and Sony Group on the prime market, while the top spot was...
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