Metaplanet's Bitcoin Strategy Boosts Trading Volume on Tokyo Stock Exchange

According to Odaily, Metaplanet (3350.T) has seen a significant increase in trading volume on the Tokyo Stock Exchange's standard market due to its expanding Bitcoin holdings. In June, the company's trading volume reached 1.8695 trillion yen, nearly doubling from May's 997.6 billion yen, maintaining its top position since November last year. Namura Shipbuilding (7014.T) ranked second in June with a trading volume of 516 billion yen. Metaplanet's Bitcoin investment strategy has attracted market attention, leading to a rise in its stock price in mid-June. On July 7, the company announced an additional Bitcoin purchase, bringing its total investment to 225.8 billion yen. Metaplanet's trading volume has surpassed major stocks on the Tokyo Stock Exchange's main board, including Toyota Motor (1.6445 trillion yen) and Sony Group (1.3153 trillion yen), trailing only Advantest, which leads the main board with a trading volume of 4.8519 trillion yen.