Metaplanet Hits 3-Month High as MSCI Clears Bitcoin Treasury Stocks for Global Indexes
Metaplanet shares hit a 3-month high after MSCI decided not to exclude Bitcoin treasury companies from global indexes. mNAV rose to 1.25 amid renewed market optimism.
The 'exclusion anxiety' haunting Bitcoin treasury companies has finally evaporated. MSCI, the global index provider, decided not to remove digital asset treasury firms from its benchmarks, sending Metaplanet shares to their highest valuation relative to holdings in three months.
Metaplanet mNAV Spikes Following MSCI Index Decision
According to reports from CoinDesk, Tokyo-listed Metaplanet (3350) saw its stock rise 4% to close at 531 yen ($3.4) on Wednesday. This rally pushed the company's multiple to net asset value (mNAV) to approximately 1.25. It's the highest level seen since before the liquidity crisis in October, signaling that investors are once again willing to pay a premium for corporate Bitcoin exposure.
- Metaplanet currently holds 35,102 BTC, making it the world's fourth-largest public Bitcoin treasury.
- U.S. peer MicroStrategy (MSTR) jumped nearly 6% in pre-market trading, reflecting broad market relief.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
Related Articles
A US-Iran ceasefire sent Bitcoin to $72,750, QQQ futures up 3.3%, and gold past $4,800 — while oil cratered 12.5%. Here's what the market's reaction actually tells us.
Bitcoin looks stable near $70K, but options data tells a different story. A negative gamma setup below $68,000 could trigger a self-reinforcing sell-off toward $60,000, Bitfinex warns.
Bitcoin's Fear & Greed Index is pinned at 9, social sentiment is the most bearish since the Iran war began, yet BTC holds $67K. Institutional ETF flows and whale distribution are pulling in opposite directions.
Google's quantum AI team says a future computer could derive a bitcoin private key in 9 minutes. Here's what's actually at risk, who's most exposed, and why bitcoin hasn't even started preparing.
A US-Iran ceasefire sent Bitcoin to $72,750, QQQ futures up 3.3%, and gold past $4,800 — while oil cratered 12.5%. Here's what the market's reaction actually tells us.
Bitcoin looks stable near $70K, but options data tells a different story. A negative gamma setup below $68,000 could trigger a self-reinforcing sell-off toward $60,000, Bitfinex warns.
Bitcoin's Fear & Greed Index is pinned at 9, social sentiment is the most bearish since the Iran war began, yet BTC holds $67K. Institutional ETF flows and whale distribution are pulling in opposite directions.
Google's quantum AI team says a future computer could derive a bitcoin private key in 9 minutes. Here's what's actually at risk, who's most exposed, and why bitcoin hasn't even started preparing.
Thoughts
Share your thoughts on this article
Sign in to join the conversation