- Metaplanet stock surged 18.38% as Japan’s worsening debt crisis drives investors toward Bitcoin-linked assets.
- With strong over-collateralization and rising BTC exposure, the company is emerging as a safe haven amid market turmoil.
Amid growing turmoil in Japan’s bond markets and a historic debt crisis, investors are flocking to Bitcoin proxy Metaplanet Inc., sending its stock soaring by 18.38% on Monday. The Tokyo-listed company closed at 966 JPY, marking a fresh upper limit as fears over Japan’s economic stability intensify.
Over the past 45 days, Japan’s 30-year government bond yield has surged by 100 basis points to a record 3.20%. This sharp rise has triggered a massive sell-off in long-term bonds, wiping out over $500 billion in value. With the nation’s debt-to-GDP ratio now exceeding 260%—the highest among developed countries—investors are urgently seeking alternative safe havens.
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Enter Metaplanet: Japan’s answer to MicroStrategy. The company has aggressively accumulated Bitcoin, offering traditional investors indirect exposure to crypto without needing to hold the asset themselves. Over the past month, Metaplanet stock has surged by a staggering 180%, gaining popularity across Japanese, German, and U.S. trading platforms.
In a sign of retail confidence, Metaplanet emerged as the most purchased stock last week through SBI Securities’ NISA accounts—a tax-free investment scheme in Japan. CEO Simon Gerovich confirmed the milestone, underscoring the firm’s growing appeal as a hedge against macro instability.
Despite concerns about overvaluation, Metaplanet’s financials remain strong. Its BTC Rating of 69.24x and a deeply over-collateralized Bitcoin Net Asset Value (NAV) suggest the company could withstand a Bitcoin price plunge to as low as $2,000 while still maintaining bond coverage.
With Bitcoin poised for another bullish run and Japan’s economy under increasing strain, Metaplanet’s position as a crypto-aligned safe haven is becoming more pronounced. The company’s Bitcoin holdings per share are expected to appreciate further, making it a key asset for investors navigating uncertain waters.
As Japan scrambles to stabilize its economy with a ¥900 billion ($6.5 billion) emergency stimulus, Metaplanet may stand to benefit from rising liquidity—and rising Bitcoin prices.
