Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan

MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan

Cryptotimes2025/02/10 15:22
By: Ronak KumarDhara Chavda
BTC-0.06%
Metaplanet’s shares soar near to 3600% as Trump’s pro-crypto policies drive Bitcoin demand in Japan, with Bitcoin hitting a record $109,241 in January.

Metaplanet Inc. transformed from its hotel development roots to Bitcoin dominance, and its stock price increased by 3575% during the previous year, which positioned it among global leaders.

The company achieved success with its “Bitcoin-first strategy” implementation in early 2024, which brought thousands of retail investors, including first-time buyers, into their fold. Metaplanet now holds over $170 million in Bitcoin under the leadership of Simon Gerovich and plans to accumulate 10,000 BTC by 2025.

MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan image 0 MetaPlanet’s Share Price Surges 3575% as Bitcoin Soars in Japan image 1 Source: Google Finance

The company made its strategic move toward Bitcoin after the pandemic led to widespread hotel closures. According to Gerovich, Bitcoin functions as an effective protection against Japan’s depreciating yen because he followed Michael Saylor’s Bitcoin approach.

The support for cryptocurrency from U.S. President Donald Trump fueled increased Japanese interest in Bitcoin. The implementation of pro-crypto policies by President Trump led to Bitcoin reaching its highest value ever at $109,241 during January 2025.

Japanese investors find Metaplanet attractive because it enables them to access Bitcoin exposure without buying the asset directly while benefiting from Japan’s NISA tax advantages.

The volatile nature of crypto has not deterred Metaplanet from strengthening its Bitcoin commitment, which led to renaming its Tokyo hotel “The Bitcoin Hotel.” The growth of Metaplanet demonstrates how cryptocurrency transforms Japanese businesses while analysts express concerns about Bitcoin price fluctuations.

Follow The Crypto Times on Google News to Stay Updated!
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,995.43
-0.38%
Ethereum
Ethereum
ETH
$4,656.34
+0.18%
XRP
XRP
XRP
$3.12
+0.82%
Tether USDt
Tether USDt
USDT
$1
-0.05%
Solana
Solana
SOL
$239.42
-0.53%
BNB
BNB
BNB
$931.06
+0.74%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2876
+5.87%
Cardano
Cardano
ADA
$0.9281
+2.34%
TRON
TRON
TRX
$0.3499
-0.29%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter