🚨 Benchmark Sets Bold Target for Metaplanet Amid Aggressive Bitcoin Strategy
📢 Despite current selling pressure, Benchmark Equity Research has initiated a ‘Buy’ rating on Metaplanet Inc., setting a bullish price target of 2,400 JPY — a 50% upside from current levels.
🔍 What’s Driving the Optimism?
▫️ The Japanese firm is on a Bitcoin accumulation spree, now holding 13,350 BTC.
▫️ Metaplanet has become the 5th largest publicly listed company globally by BTC holdings.
▫️ Even after recent dips, the stock is up 340% since January 2025.
📊 Investor takeaway: Benchmark's call suggests confidence in BTC's long-term value and Metaplanet's crypto-driven growth strategy. Could this be a “buy the dip” opportunity?
#Metaplanet #Bitcoin #Crypto #Web3
https://coingape.com/news/stocks/benchmark-sets-metaplanet-stock-target-to-2400-jpy-on-bitcoin-acquisition-buy-the-dips/?utm_source=bnb&utm_medium=coingape