According to Deep Tide TechFlow, Blockstream CEO Adam Back stated that the Japanese company Metaplanet will surpass MicroStrategy in Bitcoin yield. Metaplanet uses the 'months to mNAV cover' metric, achieving a 2x Bitcoin yield in just 3 months, growing at a rate 3.8 times that of MicroStrategy.
Currently, Metaplanet's market net asset value (mNAV) is 3.3 times, and if it maintains its current growth rate, it is expected to reach 8.3 times, increasing its stock price from ¥533 to ¥1,340. Metaplanet has held Bitcoin worth over $536 million, with an average purchase price of $86,672 per coin.
By 2025, its Bitcoin yield will reach 136.7%. The company's stock price recently rose by 11.5%, closing at ¥477. Metaplanet is planning to issue $250 million in bonds through its U.S. subsidiary Metaplanet Treasury Corp. for further Bitcoin purchases, demonstrating its firm commitment to its Bitcoin strategy.
