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Benchmark rated Metaplanet as "Buy" with a target stock price set at 2400 yen.
Odaily News Benchmark has rated "Japan's version of MSTR" Metaplanet for the first time, with analyst Mark Palmer giving the company a buy rating and a target price of 2,400 yen. He stated that Metaplanet's "super accumulation" strategy aims to reach a total of 210,000 Bitcoins by 2027, accounting for 1% of the total supply. This strategy is supported by a unique volatility-driven financing plan, and given its explosive growth in BTC, the valuation is reasonable. (CoinDesk)