As Bitcoin continues to dominate the crypto space, two industry giants — MicroStrategy and Metaplanet — are making headlines with their bold investment strategies.
Two industry giants, MicroStrategy and Metaplanet, are making headlines for their bold investment strategies in Bitcoin. As the crypto space continues to be dominated by Bitcoin, Blockstream CEO Adam Back has made a comparative study, identifying which platform has embraced a better Bitcoin investment strategy.
MicroStrategy and Metaplanet are at the forefront of companies adopting new investment trends. In a recent post, Adam Back highlighted that Metaplanet has outpaced Microstrategy by generating more returns from BTC.
Highlighting the ‘months to mNAV cover’ metric, Adam Back noted that Metaplanet achieves 2x BTC yield in just 3 months. The platform’s market Net Asset Value (mNAV) is currently at 3.3x. If this pace continues, mNAV could reach 8.3x, potentially boosting the stock price from ¥533 to ¥1,340.
“Metaplanet is growing 3.8 times faster than MicroStrategy in terms of mNAV coverage,” stated Adam Back. According to his analysis, MicroStrategy takes about 19 months to cover its 2.16x market Net Asset Value (mNAV).
According to Adam Back’s calculations, Metaplanet covers its mNAV much faster. Recently, Metaplanet announced its decision to raise $25 million for its latest Bitcoin purchases.
This comes at a time when increased adoption has seen Bitcoin maintain its position at the top. The leading cryptocurrency has shown a slight bullish ascendance.
At press time, Bitcoin is trading at $103,944, showing a 0.18 percent increase in the last 24 hours. Considering the current positive sentiment, analysts believe that BTC will sustain its bullish rally.
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