Metaplanet's financial report is about to be released, and it is expected to achieve profitability for the first time. The stock price will rise 9%.

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Japan's micro-strategy Metaplanet is expected to announce its latest financial report later today, which is expected to usher in its first profit in six years, with a big pump in stock price of 9% today. The stock price has risen by 3,630% in the past year.

Metaplanet follows the micro strategy and the Bitcoin strategy to boost the rise in stock prices.

Metaplanet, originally operating a homestay, announced last April to follow the example of Microstrategy ( and has now changed its name to Strategy), shifting towards a Bitcoin financial strategy, bringing astonishing returns to shareholders. Within a year, it has experienced a pump of 3,630%, making it one of the stocks with the largest rise among Japanese stocks in the same period.

(10 billion yen to buy BTC, Japanese stocks Metaplanet 日rise nearly 90%! Sora Ventures takes control to create 'Asian micro-strategy' )

According to Bloomberg, Simon Gerovich, CEO of Metaplanet and former Goldman Sachs equity derivatives trader, said that he was attracted to the idea after hearing Saylor's strategy on a podcast. Since 2013, he has been operating Metaplanet as a hotel developer, but when the economic slowdown caused by the COVID-19 pandemic forced the company to close most of its hotels, he shifted to a Bitcoin-first strategy in early 2024.

According to the company, since then, the number of shareholders of Metaplanet has increased to nearly 50,000, a fivefold increase by 2024. Shareholders include Capital Group (, who also invested in MicroStrategy ), but the vast majority of investors are retail investors, many of whom have limited experience with volatile crypto assets.

Japanese tax system benefits companies like Metaplanet

The company is not the only one in Japan that imitates MicroStrategy. Software developer Remixpoint Inc. announced plans to purchase 1.2 billion yen (about 8 million US dollars) of Bitcoin in September last year, and since then its stock price has risen by more than 300%.

Most of Metaplanet's retail shareholders purchase stocks through the Japanese individual savings account (NISA). In early 2024, the Japanese government made modifications to the program to encourage citizens to invest their savings in long-term investments and retirement funds.

In Japan, capital gains from direct Bitcoin purchases are subject to a tax rate as high as 55%, so investing in stocks like Metaplanet through NISA is a cheap and convenient option for small-scale and first-time buyers.

The weakness of the yen has also led many Japanese investors to believe that they can hedge against the depreciation of the yen by investing in Bitcoin.

Metaplanet is about to announce its financial report and is expected to achieve profitability, causing the stock price to rise by 9%.

As of January 28, Metaplanet holds 1,762 bitcoins, currently worth about 171 million US dollars, and plans to increase its holdings to ten thousand bitcoins by the end of 2025 and to twenty-one thousand bitcoins by the end of 2026. To fund these purchases, the company plans to issue 21 million shares of stock through Moving strike warrants (MSWs) (.

The company also plans to rename its only remaining hotel, the Royal Oak Hotel in Tokyo, as the "Bitcoin Hotel". The hotel will feature a Bitcoin gallery, an art museum, and a shared workspace, providing a conducive environment for the crypto community.

Metaplanet has been losing money for six consecutive years, and it is expected to report its first profit in the fourth quarter, which will be released later on Monday in Tokyo. Analysts estimate that its stock price has already risen by 9% today.

This article Metaplanet's financial report is about to be released, expected to achieve profitability for the first time, and the stock price first rose 9%. It first appeared in Chain News ABMedia.

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