Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Metplanet valued at three-month high relativ
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Metplanet valued at three-month high relativ
Metplanet valued at three-month high relative to bitcoin holdings after MSCI decision
Metplanet valued at three-month high relative to bitcoin holdings after MSCI decision
Select bitcoin treasury equities gained after MSCI removed near-term index exclusion risk.
By James Van Straten|Edited by Sheldon Reback
Jan 7, 2026, 10:01 a.m.
Make us preferred on Google
Metaplanet enterprise value relative to bitcoin holdings (Metaplanet)
What to know:
- Metaplanet’s multiple to net asset value (mNAV) rose to around 1.25, its highest level since before the October liquidation crisis.
- The move followed MSCI’s decision not to exclude digital asset treasury companies from its global indexes.
- Strategy (MSTR) rose around 5% in pre-market trading while price action across other bitcoin treasury companies remained relatively muted.
Digital asset treasury company Metaplanet (3350) rose 4% in Tokyo on Wednesday after index provider MSCI decided not to exclude firms building cryptocurrency stockpiles from its global indexes.
Metaplanet is now up 20% since the start of the year. The rally means company is valued at a premium to its bitcoin holdings, with a multiple to net asset value (mNAV) of around 1.25, the highest level since before October's plunge in crypto prices, according to the company’s dashboard.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
The decision ended months of uncertainty around index eligibility and lifted U.S. peers when the announcement was made after regular trading hours on Tuesday. Strategy (MSTR), the largest corporate holder of bitcoin BTC$91,801.68 was recently 5% higher in pre-market trading. Other digital asset treasury companies rose to a lesser extent.
Metaplanet shares closed at 531 yen ($3.4), having bottomed near 340 yen on Nov. 18. The company holds 35,102 BTC, making it the fourth-largest publicly listed bitcoin treasury company globally.
MSCI’s announcement removes a near term overhang for crypto treasury stocks, particularly those already included in major indexes. However, the index provider also signaled that a broader consultation on non operating and investment oriented companies is forthcoming, indicating that regulatory and index related risks for bitcoin treasury firms have been deferred, not eliminated.
Bitcoin NewsMetaPlanetMSCIMicroStrategy
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Commissioned byKuCoin
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report
More For You
Crypto traders can now take leveraged bets on silver via Binance Futures
Binance Futures will launch silver perpetual contracts on Wednesday, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.
What to know:
- Binance Futures will launch silver perpetual contracts on Wednesday, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.
- The contracts are margined and settled in tether (USDT) with a minimum notional value of 5 USDT.
- Crypto traders are increasingly diversifying into precious metals.
Read full story
Latest Crypto News
Barclays invests in stablecoin settlement firm as tokenized infrastructure advances
Hedge Fund Karatage appoints IMC veteran Shane O’Callaghan as senior partner
Crypto traders can now take leveraged bets on silver via Binance Futures
Bitcoin and the Japanese yen are moving together like never before
Bitcoin miners chase AI demand as Nvidia says Rubin is already in production
XRP could outperform bitcoin as XRP/BTC chart shows rare Ichimoku breakout since 2018
Top Stories
Crypto traders can now take leveraged bets on silver via Binance Futures
Bitcoin and the Japanese yen are moving together like never before
XRP could outperform bitcoin as XRP/BTC chart shows rare Ichimoku breakout since 2018
Asia Morning Briefing: Bitcoin holds steady above $90K as fresh money returns to crypto
Bitcoin miners chase AI demand as Nvidia says Rubin is already in production
Barclays invests in stablecoin settlement firm as tokenized infrastructure advances
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
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC
The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Why Is Crypto Up Today? – January 13, 2026
The crypto market is trading slightly higher today, with total cryptocurrency market capitalization rising by around 1.7% over the past 24 hours to approximately
Share
CryptoNews2026/01/13 22:26
The Economics of Self-Isolation: A Game-Theoretic Analysis of Contagion in a Free Economy
Exploring how the costs of a pandemic can lead to a self-enforcing lockdown in a networked economy, analyzing the resulting changes in network structure and the existence of stable equilibria.
Share
Hackernoon2025/09/17 23:00