Key Points
- Metaplanet, a major Bitcoin holder in Asia, will join the MSCI Japan Index in February.
- The company’s inclusion in the index boosts its visibility among institutional investors and validates its Bitcoin-first strategy.
Metaplanet, a prominent corporate holder of Bitcoin in Asia, will be officially included in the Morgan Stanley Capital International Japan Index in February.
The inclusion is set to take effect on February 28, positioning Metaplanet alongside some of Japan’s largest corporations, such as McDonald’s Holdings Japan, Tokyo Electric Power Co., Kokusai Electric, and Mitsui Chemicals.
Boosting Visibility and Confidence
Metaplanet’s CEO, Simon Gerovich, shared the news, framing it as a significant achievement that further solidifies the company’s standing as a leading Bitcoin Treasury company in Japan.
The firm’s inclusion in the MSCI Japan Index enhances its visibility among institutional investors and places it in line with Japan’s top publicly traded companies. As Gerovich explained, this development could lead to increased demand for its stock, improved liquidity, and greater price stability.
More than just attracting capital, this move also bolsters confidence in Metaplanet’s Bitcoin-first approach. This recognition validates the company’s transformation and long-term vision, positioning it as a crucial player in the evolving Japanese cryptocurrency investment scene.
From Hotel Developer to Bitcoin Leader
The MSCI inclusion comes after a year of significant growth for Metaplanet, which transitioned from a hotel developer to a Bitcoin-first strategy in early 2024. The company’s stock has surged over 3,600% since the pivot, making it one of the fastest-rising equities in Japan as investor interest in Bitcoin continues to grow.
In 2024, Metaplanet saw its shareholder base expand by 500% to around 50,000 investors. This growth was partly fueled by Japan’s Nippon Individual Savings Account program, which offers tax-free stock investments. This program made Metaplanet a more attractive option than direct Bitcoin purchases, which are currently subject to high capital gains taxes.
Currently, Metaplanet holds 1,762 BTC on its balance sheet and aims to reach 10,000 BTC by the end of 2025 and 21,000 by the end of 2026. This ambitious plan positions the company as Asia’s equivalent to MicroStrategy.
MicroStrategy, another significant corporate Bitcoin holder, joined the Nasdaq-100 last year, standing alongside major tech firms like Apple, Microsoft, Nvidia, Amazon, and Alphabet.