MetaPlanet (3350) Target Price Increased to 2400 Yen: Buy Rating Issued

Benchmark, a US-based investment bank, has initiated coverage on MetaPlanet (3350: Tokyo) with a "buy" recommendation and a target price of 2400 Yen. This bullish outlook represents a significant upside potential of roughly 50% from MetaPlanet's previous day closing price of 1650 Yen. The recommendation highlights MetaPlanet's strategic focus on Bitcoin adoption as a core business strategy. This positions the company uniquely in the Japanese market, offering investors indirect exposure to the cryptocurrency. The report also suggests potential for further growth driven by increased Bitcoin adoption and MetaPlanet's ability to capitalize on emerging Web3 technologies. Investors are advised to conduct thorough research before making any investment decisions. ```