Metaplanet is making moves like a boss. Their stock shot up 57% in just one week and a crazy 163% over the past month.
Trading at a yearly high of 933 JPY, it’s no small potatoes, as they say. Metaplanet is also the most shorted stock in Japan.
Hedge funds are lining up, betting against it like it’s the next GameStop frenzy. Seriously? Betting against Bitcoin? What could go wrong?
The precious
Now, let’s talk Bitcoin treasuries. According to BitconTreasuries, public and private companies hold a nice 1,082,164 BTC, worth about $110.8 billion. That’s 5.5% of all Bitcoin out there, a new all-time high.
And Metaplanet? They’ve been gobbling up coins like there’s no tomorrow, growing their stash by over 700% in three years. Today, they hold a massive 7,800 BTC, around $800 million.
Not so long ago, Metaplanet made the biggest single Bitcoin buy ever, 1,004 BTC. This move helped push Bitcoin’s price to a fresh all-time high of $109,500 earlier this week.
The stock didn’t just chill, it rallied 57% last week.
This purchase follows another big buy on May 7th, when they grabbed 555 BTC. Analysts call Metaplanet a serial Bitcoin buyer, following giants like Strategy and BlackRock.
Metaplanet is going parabolic right now
Bitcoin Treasury Cycle pic.twitter.com/70yHX0lobS
— Thomas Fahrer (@thomas_fahrer) May 21, 2025
Money never sleeps
They bought their Bitcoin at an average price of $94,400. When Bitcoin blasted past the $100k resistance, Metaplanet’s stock went parabolic. The purchase also pushed Bitcoin above $105k before settling a bit during the day.
Q1 results were solid, and with aggressive Bitcoin buying, Metaplanet’s stock is buzzing on the Tokyo Stock Exchange and global markets.
On May 20, Bitcoin Strategist Dylan Leclair revealed 2.51 million shares of Metaplanet’s DN3 stock traded in Germany, totaling 15.35 million euros.
Overall, $MTPLF saw 21.14 million shares change hands, worth $150.29 million. Investors are feeling that FOMO, jumping on the bandwagon as institutional buying heats up.
Short it?
But on the other hand, Metaplanet is Japan’s most shorted stock. Hedge funds are betting big against it, but CEO Simon Gerovich fires back, asking do they really think betting against Bitcoin is a winning strategy?
Apparently Metaplanet is the most shorted stock in Japan. Do they really think betting against Bitcoin is a winning strategy? pic.twitter.com/SAKsOMO4MX
— Simon Gerovich (@gerovich) May 21, 2025
BlockStream CEO Adam Back think Metaplanet is still a bargain. He says the company is growing 3.8 times faster than MicroStrategy did, when measured by market net asset value coverage.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
