【Blockstream CEO: Metaplanet's Bitcoin Returns Will Exceed MicroStrategy】 According to Golden Finance, Blockstream CEO Adam Back stated that the Japanese company Metaplanet will surpass MicroStrategy in Bitcoin returns. Back pointed out that Metaplanet uses the 'months to mNAV cover' metric, achieving a 2x return on Bitcoin in just 3 months, with a growth rate 3.8 times that of MicroStrategy. Currently, Metaplanet's market net asset value (mNAV) is 3.3 times; 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 already held over $536 million worth of Bitcoin, with an average purchase price of $86,672 per coin. By 2025, its Bitcoin return is projected to reach 136.7%, and 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. to further purchase Bitcoin, demonstrating its strong commitment to its Bitcoin strategy.

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