The changing political climate in the U.S. has influenced the Bitcoin market's outlook for international companies, including Japan's Metaplanet.
Metaplanet’s Shift Towards Bitcoin
Initially a hotel development company, Metaplanet shifted its focus to Bitcoin in 2024, inspired by MicroStrategy's success. The company now holds 1,762 BTC, valued around $172.1 million.
Trump’s Victory and Its Impact on the Crypto Market
Donald Trump's electoral win has sparked increased interest in Bitcoin among Japanese investors. The new administration promises crypto-friendly policies and clear regulatory frameworks.
Increase in Retail Investor Interest in Metaplanet
Metaplanet has seen a surge in retail investors, with its shareholder base growing by 500% in 2024. Many prefer to buy company shares due to tax advantages.
Metaplanet continues to expand its Bitcoin holdings, aiming for 21,000 BTC by 2026, underscoring its commitment to following a Bitcoin-first approach.
