Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101961
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
62.63%
Bitcoin Share
coinpedia 2025-05-23 06:27:05

Metaplanet Stock Undervalued Despite Bitcoin Surge – Says Investor Richard Byworth

Metaplanet Stock Undervalued Despite Bitcoin Surge – Says Investor Richard Byworth

The post Metaplanet Stock Undervalued Despite Bitcoin Surge – Says Investor Richard Byworth appeared first on Coinpedia Fintech News Metaplanet is quickly becoming one of the most talked-about stocks in Japan. It’s the country’s only real stock market play on Bitcoin, and right now, it looks like it’s still undervalued—even after a huge recent price jump. According to Richard Byworth , a well-known crypto investor, Metaplanet’s current price is still low compared to the amount of Bitcoin it holds. At $10.82 per share (in its U.S. OTC version, MTPLF), the stock is trading at just over 5 times its net asset value based on Bitcoin holdings. For comparison, MicroStrategy (MSTR), a U.S. company that also holds a lot of Bitcoin, trades at only 1.75 times its Bitcoin value. Short Sellers Are Getting Trapped Metaplanet is the most shorted stock in Japan, with nearly 30% of its shares sold short. But because the stock price has been rising sharply, short sellers are stuck. The stock has hit its daily price limit up for three days in a row on the Tokyo exchange. This means it can’t be sold at a higher price during trading hours, which is making it even harder for shorts to cover their positions. Some short sellers are now facing losses of more than 300%, unable to buy shares back to close their bets. When the limits are lifted, there could be a big price move—known as a short squeeze—that pushes the stock much higher. Strong Bitcoin Buying and Macro Trends Metaplanet has been buying Bitcoin aggressively, giving it a Bitcoin yield that’s over 11 times higher than MicroStrategy’s based on recent purchases. This shows the company is growing its Bitcoin holdings fast. Global bond markets are showing signs of trouble. U.S. and Japanese government bond yields are rising, which often leads central banks to lower rates again. Lower interest rates tend to be good for Bitcoin and related stocks. Why Japanese Investors Like Metaplanet Holding Bitcoin directly in Japan can be expensive because capital gains are taxed as regular income at rates up to 55%. But investing in Metaplanet through Japan’s NISA accounts lets investors avoid capital gains tax on up to about $25,000 a year. This tax advantage is attracting many retail investors in Japan, since Metaplanet is currently the only easy way for them to get exposure to Bitcoin via the stock market. What’s Next for Metaplanet? Byworth suggests that if Metaplanet’s price doubled to around $21, it would be valued similarly to MicroStrategy on a Bitcoin asset basis. Even then, it would still be below its highest valuation in the past. With short sellers stuck and strong buying interest from investors, the stock could see more big moves soon.

Most Read News

Moralis Money
Market Cap
24h Vol
62.63%
Bitcoin Share
632
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.