Shares of Japanese listed company Metaplanet rose more than 1,000% this year, making it the best performing Japanese stock

On November 3rd, Simon Gerovich, CEO of Japanese listed company Metaplanet, recently said that the company's adoption of bitcoin strategy has caused its share price to rise by about 1,017% so far this year, making it the best performing Japanese stock in 2024.
The company, which launched its bitcoin initiative in April, has become the second-largest bitcoin corporate holder in Asia, behind Boya Interactive. According to Yahoo Finance, its share price has risen 740% in six months, climbing from $190 in April to $1,596 at Friday's close. The company currently holds 1,018.17 BTC, with an average purchase price of $61,800, a float of more than $6 million based on the current price of BTC.