METAPLANET INC.ADR/1 O.N.

Metaplanet's shares jumped 21.3% on Friday to ¥307, driven by the ongoing global Bitcoin rally that lifted the price to around $75,000. Metaplanet holds roughly 43,000 Bitcoin, giving it the third-largest corporate reserves worldwide, which amplified the price move. Additional support came from U.S. regulatory initiatives and measures by the U.S. Treasury to increase government bond buybacks, which bolstered liquidity expectations and risk assets. » Plus sur de.investing.com

Metaplanet holds 35,102 BTC and, according to the analysis, benefits from a higher mNAV (1.31) and a falling yen, which lowers its interest costs measured in Bitcoin. Strategy holds significantly more BTC (687,410) but has a low mNAV of 0.75 and primarily finances purchases via stock issuance, which could lead to dilution and financing problems if prices fall further. Investors seeking leveraged exposure to Bitcoin might find Metaplanet more attractive due to the currency advantage and the cheaper mNAV, but must consider yen risk and lower liquidity. » Plus sur finanzen.net