In the last 12 months alone, one Tokyo-based investment outfit by the name of Metaplanet Inc. has seen its share price explode due to its more recent decision to focus on accumulating digital assets. What’s more, the company’s “Bitcoin First” approach, which prioritizes Bitcoin, is sliced before other crypto investments and has firmly established it as Japan’s top publicly traded crypto company by market cap.
This transition set off a wave of retail and institutional investment in digital assets and coincided with a broader trend of corporations beginning to add blockchain-centric holdings to their balance sheets.
Transitioning From Hospitality to Crypto
Metaplanet initially operated in the hotel industry, where it saw many of its properties close as the pandemic bore down. In response to this and another rally to an all-time high for Bitcoin, the company pivoted its business model in early 2024 to become a Bitcoin-focused company. This pivot not only reignited interest in the company’s outlook but also mellifluously paved an amusing avenue for vast numbers of retail investors hoping to get exposure to Bitcoin through familiar equity waters.

Investors Feel Psyche Of Bitcoin At Record High All-Time Peaks
Metaplanet’s evolution happened during the world rushing to Bitcoin. Bitcoin reached a record high of $109,000 on January 20, 2025, the day of U.S. President Donald Trump’s inauguration. While the cryptocurrency has since found its footing at about $97,000 on Feb 10, 2025, Metaplanet’s stock remains on an upward roll, a sign that investors still have their sights set on a bright future for Bitcoin.

Microstrategy-Inspired Leadership
The Metaplanet flagship is led by its CEO Simon Gerovich, ex-Goldman Sachs equity derivatives trader. Gerovich’s strategy is reminiscent of MicroStrategy’s approach—that is, the U.S.-based company whose holdings of BTC surpassed $45 billion. By mimicking this framework, Gerovich is looking to turn Metaplanet into Japan’s MicroStrategy, hoping that Bitcoin will be an appreciated asset over the long term.
Later Infecting More Bitcoin
As of the most recent data, Metaplanet now controls 1,762 Bitcoins—worth around $171 million. Their ambitions are lofty, with goals to amass 10,000 Bitcoins by year-end 2025, followed by 21,000 by the end of 2026. Metaplanet intends to carry out this expansion by issuing 21 million shares in a targeted fundraising of around USD 750 million, which will become one of the largest raises of equity capital for Bitcoin acquisition in Asia up until now.
Bringing Bitcoin into the Hospitality Industry
As it builds up its Bitcoin collection, Metaplanet is also incorporating its remaining hotel holdings into its crypto-focused strategy. The company hopes to rebrand its last operational property, the Royal Oak in Tokyo’s Gotanda district, as “The Bitcoin Hotel” later this year. The hope is that this space will be a potential home for Bitcoin seminars or investor events, bringing Metaplanet closer to its goal of dominating Japan’s crypto landscape.
Expansion of Investor Base and Tax Benefits
In 2024, Metaplanet bloated its investor base by 500%—almost 50,000 investors. Institutional investors such as Capital Group have taken positions, but the bulk are retail, many of them newcomers to the crypto market. A major catalyst of this retail interest has been Japan’s overhaul of its Nippon Individual Savings Account program, which came into effect in early 2024 to promote long-term investing.
The program lets Japanese people buy stocks tax-free, so investing in Metaplanet would be an attractive option to buying Bitcoin directly, which can lead to capital gains taxes of up to 55%.

Bitcoin Is Volatile
In spite of its massive growth, however, Metaplanet comes with risks. The company has posted six straight years of losses but expects a profit in its forthcoming fourth-quarter earnings. Analysts warn that, as Metaplanet’s valuation hinges on bitcoin’s performance, a major drop in the price of the world’s biggest cryptocurrency could negatively impact the stock. citeturn0search1
And so, Metaplanet’s bet on Bitcoin has paid huge dividends, earning it the title of Japan’s fastest-rising stock. With the company executing on its lofty ambitions, investors will closely monitor how it manages the volatility that comes with cryptocurrencies.
Stay connected with TurkishNY Radio by following us on Twitter and LinkedIn, and join our Telegram channel for more news.
Frequently Asked Questions
Why did this Japanese company’s stock soar 3,600 percent?
It redirected its focus to digital assets, recruiting investors and cashing in on surging demand to become Japan’s best-performing stock.
Is this company just following a major U.S. company’s lead?
Yes, its strategy looks like a famous American company with a giant digital cache, seeking long-term growth through accumulation.
Is the stock on its way up or headed down?
Its success in turn is subject to market trends. The stock could face big risks if digital asset prices decline.
What if the digital market goes bust?
Because its value is linked to digital reserves, a market drop runs the risk of a sharp decline—affecting investor confidence.
Glossary of Key Terms
Stock Surge: A sudden jump in a company’s share price, fueled by investor interest, financial health, or a bold move in the way a business operates.
Digital Asset Holdings: A company’s store of decentralized, blockchain-based assets, typically held for use as an investment or as a strategy to hedge against inflation.
Retail Investors—Individuals: those who invest in stocks or digital assets for their own investment purposes rather than on behalf of institutions or hedge funds.
Institutional Investors: Either large financial institutions like banks, hedge funds, or investment companies trading in volumes consisting of millions of dollars worth of stocks, bonds, or digital assets.
Equity Capital Raise: Issuing new company shares to obtain money to fund business expansion, acquisitions, or investment in long-term assets
Tax-Free Investment Account: A government-sponsored program that allows individuals to invest in stocks without paying capital gains taxes, encouraging long-term wealth growth.
Market Volatility: Changes in the price of stocks or assets because of investor sentiment, economic conditions, regulatory change, or broader financial trends.
Proxy Stock for Digital Assets: A stock whose price tracks the value of blockchain-based assets, providing investors exposure without having to buy them directly.
References
crypto.news::https://crypto.news/metaplanet-japan-bitcoin-stock-strategy-surge/?utm_source=chatgpt.com
TipRanks::https://www.tipranks.com/news/company-announcements/metaplanet-inc-issues-6th-series-of-bonds-to-fund-bitcoin-acquisition