$BTC Metaplanet is rapidly rising to become a potential giant in the Bitcoin space. This Japanese company recently established Metaplanet Treasury Corp. in the United States and plans to further increase its Bitcoin investments by issuing $250 million in bonds, showcasing a strong "Bitcoin-first" strategy.

Adam Back: Metaplanet Outperforms MicroStrategy in Bitcoin Returns

Adam Back, CEO of Blockstream, pointed out that Metaplanet's performance in Bitcoin returns far exceeds that of MicroStrategy. He revealed that Metaplanet achieved a 2x BTC return in just 3 months through the "monthly net asset coverage ratio" metric, and its market net asset value (mNAV) has already increased by 3.3 times, with expectations to soar to 8.3 times.