$BTC This Japanese company recently established Metaplanet Treasury Corp. in the United States and plans to further increase its investments in Bitcoin by issuing $250 million in bonds, demonstrating a strong "Bitcoin first" strategy.

Adam Back: Metaplanet outperforms MicroStrategy in Bitcoin returns

Adam Back, CEO of Blockstream, noted 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" metric, and its market net asset value (mNAV) has already increased 3.3 times, with expectations of reaching 8.3 times.