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Japan’s Metaplanet Stock Skyrockets 443% with Bitcoin Strategy in 2024

  • Metaplanet, a Japanese listed company, experienced a 443.2% surge in its stock price after implementing a Bitcoin-based strategy in 2024.
  • Metaplanet's aggressive accumulation of Bitcoin as a treasury asset allowed the company to hedge against yen volatility and boost investor confidence.
  • The company announced new Bitcoin purchases, solidifying its status as one of Japan's few publicly traded companies embracing digital assets.
  • Metaplanet has partnered with SBI to provide Bitcoin trading and custody services.

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