Japanese version of MSTR? Metaplanet has gone crazy, and retail investors can only "take the long way to buy BTC"?

In the face of a tax burden of up to 55% in Japan, is it difficult for retail investors to directly bet on Bitcoin? As hard as climbing to the sky. Thus, Metaplanet has become their "shadow BTC".

This company not only continues to increase its holdings, but its unit holding market value (mNAV) has now surged to 759,000 USD, just a step away from the historical peak. Even more absurd is that the valuation increase has actually outperformed BTC itself!

The underlying logic is actually very simple:

Japanese investors can't buy coins, so they buy "the companies that buy coins";

Main funds capture arbitrage opportunities, and Metaplanet has emerged with a premium market akin to MicroStrategy;

In the end, capital fulfills its desire for Bitcoin exposure through legal means.

This is not just a rise in ordinary stocks; this is a nation's "substitute frenzy" after restrictions on crypto assets.

Where will you place your bets for the next "structural premium target"?

Japan has Metaplanet, the U.S. has MicroStrategy, **what about the Asian market?** Let's vote in the comments; I'll start with a name that begins with S.

#Metaplanet增持比特币 #以色列伊朗冲突 #加密市场反弹 #MichaelSaylor暗示增持BTC #ETH $BTC $ETH $SOL