Bitcoin News

Story: Metaplanet Stock Still Undervalued Despite Bitcoin Rally

By Evie Vavasseur

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Metaplanet, a little-known Japanese company until recently, is now making major headlines as the country’s leading Bitcoin-focused stock.

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Byworth, a former CEO of the digital investment firm EQONEX, believes Metaplanet is trading at a price far below its actual Bitcoin asset value. At a recent price of $10.

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One of the biggest current drivers behind Metaplanet’s rising share price is a growing short squeeze.

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Over the past few days, Metaplanet has hit the Tokyo Stock Exchange’s daily upper price limit three sessions in a row.

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Some traders have reportedly lost over 300% on their positions, and with each passing day of price limits, the pressure increases.

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Aggressive Bitcoin Accumulation Strategy

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Metaplanet is not just a speculative play; the company has been actively purchasing Bitcoin at a rapid pace.

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This strategy has made Metaplanet a standout in a market where few publicly traded companies are heavily involved in crypto assets.

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A Tax-Friendly Gateway to Bitcoin for Japanese Investors

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Metaplanet’s rise isn’t just about its corporate moves — it also offers a unique tax benefit for retail investors in Japan.

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However, Metaplanet stock can be purchased through the Nippon Individual Savings Account (NISA), a program that allows Japanese residents to invest up to about $25,000 annually…

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Richard Byworth believes Metaplanet’s price could double from its current level and still be reasonably valued compared to MicroStrategy.

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With strong Bitcoin fundamentals, favorable tax treatment for local investors, and a brewing short squeeze in motion, Metaplanet seems poised for further gains.

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For now, all eyes are on the next trading session — and on whether short sellers will finally blink.

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