Bitcoin Demand Surges In Japan Amid Trump's Cryptocurrency Agenda

According to PANews, U.S. President Donald Trump's support for cryptocurrency has triggered a significant increase in Bitcoin demand in Japan. This surge has led a hotel management company to invest in Bitcoin, resulting in remarkable returns for its shareholders. Data reveals that Metaplanet Inc.'s stock price has soared over 4000% in the past 12 months, marking it as the highest gainer in the Japanese stock market and one of the top performers globally. Bitcoin recently reached an all-time high, although it has slightly retreated due to global uncertainties stemming from Trump's trade policies. Metaplanet is among several companies worldwide that have successfully emulated the strategy of MicroStrategy, a U.S. firm that has transformed into a leveraged Bitcoin proxy and giant after accumulating over $45 billion in Bitcoin.