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Adam Back's Calculation Suggests a Potential Rise in Metaplanet's Stock Price to 1340 Yen

2025/05/11 22:34 (Updated 2025/05/14 11:01)
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Written by Lewis Kikutani
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Adam Back's Calculation Suggests a Potential Rise in Metaplanet's Stock Price to 1340 Yen

Adam Back's Calculation

Renowned Bitcoin expert Adam Back suggested on May 10th via social media that the stock price of Metaplanet, a Japanese company holding BTC, could potentially reach 1,000 to 1,500 yen. The company's stock is currently trading at 524 yen, and it has risen over 28% from 400 yen in just a week.

Related: Adam Back discusses Bitcoin strengths, L2 solutions, and expectations for the Japanese market [Exclusive Interview Part One]

According to Back's analysis, Metaplanet is rapidly increasing its Bitcoin holdings, expanding from 1,760 BTC in February to 5,555 BTC in three months (an increase of 3.15 times). During this period, the stock price...

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Iolite Vol.16

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