š„Metaplanet Ranks 9th in Japan Thanks to BitcoināSurpasses Toyota in Trading Volumeš„
"An unlikely name tops Toyota in Japan's stock marketāthanks to Bitcoin."
"Bitcoin isnāt just boosting portfoliosāitās redefining Japanās market movers."
š§¾ The Highlights:
1ļøā£ Metaplanet Hits 9th in Daily Trading Volume
Metaplanet, a Bitcoin-focused investment firm, ranked 9th among Japanās most traded stocks, surpassing giants like Toyota, SoftBank, and Nintendo, with US$425 million in daily volume on Monday (May 19).
2ļøā£ BTC Integration Drives Market Surge
According to Dylan LeClair, Director of Bitcoin Strategy at Metaplanet, this momentum comes after the company added Bitcoin (BTC) to its balance sheetāspurring intense market activity.
3ļøā£ Outperforms Major Corporations
The stock surged 9.8% in a single day, outpacing other major firms like Mitsubishi Heavy Industries, making it the top gainer among Japanās major stocks.
4ļøā£ Strong BTC Holdings Back Growth
Metaplanet currently holds 7,800 BTC, valued at Ā„105.3 billion (~US$684 million), representing 0.037% of Bitcoinās total supply.