Trump's Crypto Push Drives Metaplanet's Bitcoin Boom

Trump's Pro-Crypto Policies Drive Bitcoin Adoption in Japan, Metaplanet Leads the Way

The political climate in the United States has significantly influenced the global perception of the Bitcoin market. In late 2014, MicroStrategy pioneered a Bitcoin investment policy, inspiring companies worldwide to adopt similar strategies. One such company is Metaplanet, a Japanese firm that has seen remarkable growth since embracing a 'Bitcoin-first' approach.

Metaplanet, originally a hotel development organization, shifted its focus to Bitcoin in 2024, following MicroStrategy's success. The company currently holds at least 1,762 BTC, valued at approximately $172 million. After the U.S. election, Metaplanet purchased an additional 619 BTC. Notably, the Bitcoin market has surged by around 43.96% since November 5 and over 107.6% in the last year.

The victory of Donald Trump over Kamala Harris has shifted Japanese investors' attitudes towards Bitcoin. During his election campaign, Trump promised crypto-friendly policies, and his administration has since announced plans to establish a committee to discuss a clear crypto-regulation framework. Metaplanet CEO Simon Gerovich was among the business leaders who participated in Trump's inauguration.

Metaplanet has witnessed a significant increase in retail investor interest, with its shareholder base growing by over 500% in 2024. While the company enjoys backing from top institutional players like Capital Group, a substantial number of its shareholders are retail investors. Japan's NISA program, which allows tax-free investment in stocks, has played a significant role in this growing retail interest in Metaplanet.

Metaplanet's Bitcoin expansion plans include increasing its holdings to at least 10,000 BTC by 2025 and 21,000 BTC by 2026. The company also plans to rebrand its last remaining hotel as 'The Bitcoin Hotel,' exclusively hosting Bitcoin-related seminars and events.