Metaplanet Stock Price Has Once Again Hit a Fresh Upper Limit, Surging 18.38%

Metaplanet stock price has once again hit a fresh upper limit, surging 18.38% on Monday, while closing at 966 JPY on the Tokyo Stock Exchange.

Metaplanet stock price has once again hit a fresh upper limit, surging 18.38% on Monday, while closing at 966 JPY on the Tokyo Stock Exchange. This comes as Japan’s debt crisis continues to worsen, with the 30-year government bond yields surging by a massive 100 basis points, to a record 3.20%, in the last 45 days.

Thus, the Bitcoin (BTC) holding firm has proved to be investors’ safest bet in this macro uncertainty.

The Metaplanet stock has been a subject of interest for investors due to its staggering 180% rally over the past month, which is being driven by strong Bitcoin liquidity. This is a replica of how the Strategy (MSTR) bets have played out in the past as a Bitcoin proxy.

The Japanese firm’s stock has also witnessed a massive liquidity surge over the past week, and trades for 20+ hours every day across different markets like Japan, Germany, and the United States.

Furthermore, company CEO Simon Gerovich has also confirmed that Metaplanet was the most purchased stock last week through NISA accounts at SBI Securities, Japan’s largest online brokerage.

This shows that Japanese investors are leveraging the NISA (Nippon Individual Savings Account), a tax-free investment scheme, to gain exposure to Bitcoin through Metaplanet stock.

Concerns Over Company’s Exploding Valuation

Amid the one-sided rally over the past month, some have also raised concerns over the company’s exploding valuation. However, Metaplanet’s Bitcoin strategist Dylan LeClair addressed the concerns by highlighting the BTC ratings.

The Japanese Bitcoin holding firm has been highlighting its strong financial position with a BTC Rating of 69.24x. The company’s Bitcoin Net Asset Value (BTC NAV) remains highly over-collateralized, which ensures full bond coverage even if Bitcoin’s price drops to $2,000, stated LeClair.

This capital structure positions Metaplanet as a haven for investors seeking Bitcoin exposure without the inherent risks associated with direct cryptocurrency holdings. Moreover, this over-collateralization showcases its ability to withstand substantial market volatility.

As Bitcoin is poised for a strong rally ahead, the firm’s Market Net Asset Value (mNAV) is expected to surge in tandem with the Bitcoin price trajectory. Consequently, the company’s Bitcoin holdings per share are likely to see significant appreciation.

Japan’s Debt Crisis

Japan’s 30-year Government Bond Yield has surged by a staggering 100 basis points over the past 45 days, reaching a record high of 3.20%. This dramatic shift has led to over $500 billion in “safe” 40-year Japanese Government Bonds losing 20% of their value in just six weeks, highlighting clear cracks in the bond market stability.

Japan’s Debt-to-GDP ratio has now surpassed 260% for the first time in history, nearly double that of the United States and among the top five highest worldwide. Last week, the country’s Prime Minister expressed that Japan’s debt crisis is “worse than Greece”.

On the other hand, recent bond auctions have failed to capture enough demand. Amid this situation, investors are finding solace by betting on companies like Metaplanet that have BTC exposure.

The Japanese government has unveiled a ¥900 billion ($6.5 billion) emergency relief package to mitigate the impact of proposed U.S. tariffs. This measure is expected to inject additional liquidity into the economy, ultimately benefiting BTC and firms like Metaplanet.