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Metaplanet Stock Price Shoots 14% Outperforming Bitcoin, Thanks to Michael Saylor

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60% Informative

Earlier today , the Metaplanet stock price shot up by 14% moving all the way to 1,600 JPY levels in a massive breakout.

This comes as the Japanese firm has been on a Bitcoin buying spree this month as it accelerated the Bitcoin adoption strategy of MicroStrategy .

The Japanese firm extended its Bitcoin holdings to more than 1,000 recently.

Over Q3 2024, Metaplanet’s Bitcoin holdings have more than doubled.