Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Metaplanet Stock Jumps 12% as mNAV
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Metaplanet Stock Jumps 12% as mNAV
Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis
Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis
Bitcoin rebound and equity momentum push Metaplanet valuation multiple to 1.17 to highest level since October.
By James Van Straten|Edited by Oliver Knight
Updated Dec 10, 2025, 11:41 a.m. Published Dec 10, 2025, 11:41 a.m.
Metaplanet vs BTCUSD (TradingView)
What to know:
- Metaplanet’s enterprise value stands near $3.33 billion against $2.86 billion in bitcoin holdings, lifting mNAV to 1.17
- Since bitcoin rose about 15% from its Nov. 21 low, Metaplanet shares have climbed nearly double that with a gain of roughly 30%.
Metaplanet’s multiple to net asset value (mNAV) has risen to 1.17, its highest level since before the liquidation crypto crisis that began on Oct. 10, according to the company's dashboard.
The mNAV model measures a company’s valuation by comparing its bitcoin holdings with its enterprise value.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Metaplanet currently holds 30,823 BTC valued at about $2.86 billion, making it the fourth largest publicly traded company holding bitcoin. These holdings sit against an enterprise value of roughly $3.33 billion, resulting in an mNAV of about 1.17. The company has a market capitalization of $3.43 billion and around $304 million in outstanding debt.
From Oct. 15 through to early December, Metaplanet’s mNAV has traded below 1 and falling to as low as 0.84 in November. The company has not added to its bitcoin holdings since the end of September following its double large purchase of 5,268 BTC and 5,419 BTC.
Since bitcoin bottomed near $80,000 on Nov. 21, the asset has risen roughly 15%, while Metaplanet’s share price has gained almost 30% over the same period.
The company has also filed for perpetual preferred equities as it moves toward a strategy similar to Strategy’s (MSTR).
Metaplanet shares finished 12% higher on Wednesday, closing at 471 yen.
MetaPlanetBitcoin News
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility
Crypto markets are firm ahead of Wednesday’s Federal Reserve decision, with a 25 basis-point interest-rate cut already priced in.
What to know:
- Risk assets are buoyant ahead of the Fed, but rate decisions often trigger sharp intraday swings and a “sell-the-news” dip remains possible.
- Bitcoin sits at $92,300 and has spent the past week between $88,000 and $94,500; a break of either bound may set up the next move.
- Ether is outperforming post-Fusaka upgrade, but broader altcoin sentiment is weak with CoinMarketCap's altcoin season index at 16/100. HYPE, STRK, KAS and APT lead declines while AI token FET rebounds.
Read full story
Latest Crypto News
Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility
Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases
IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet
XRP Sell Pressure Emerges as Ripple Linked Token Fails to Sustain $2.12 Break
Breakout or Bull Trap? DOGE Jumps Above Resistance on Ethereum Strength
Binance Co-CEO Yi He’s WeChat Account Hacked to Push Memecoin MUBARA
Top Stories
IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet
Crypto Markets Today: Fed Rate-Cut Hopes Lift BTC, ETH as Traders Brace for Volatility
Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases
Binance Co-CEO Yi He’s WeChat Account Hacked to Push Memecoin MUBARA
Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours
Michael Saylor Urges Middle East to Become the 'Switzerland of Bitcoin Banking'
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The Surprising 2025 Decline In Online Interest Despite Market Turmoil
The post The Surprising 2025 Decline In Online Interest Despite Market Turmoil appeared on BitcoinEthereumNews.com. Bitcoin Searches Plunge: The Surprising 2025
Share
BitcoinEthereumNews2026/01/21 14:56
Cryptos Signal Divergence Ahead of Fed Rate Decision
The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01
Strategy Makes Biggest Bitcoin Bet In Months With $2.13B Buy
The post Strategy Makes Biggest Bitcoin Bet In Months With $2.13B Buy appeared on BitcoinEthereumNews.com. Strategy Makes Biggest Bitcoin Bet In Months
Share
BitcoinEthereumNews2026/01/21 15:07