Benchmark rates Metaplanet as a “buy” with a target price of 2,400 yen
5 hours ago
Odaily News Benchmark rated the "Japanese version of MSTR" Metaplanet for the first time. Analyst Mark Palmer gave the company a buy rating and a target price of 2,400 yen. He said that Metaplanet's "super accumulation" strategy aims to reach 210,000 bitcoins by 2027, accounting for 1% of the total supply. This strategy is supported by a unique, volatility-driven financing plan. Given its explosive growth in BTC, the valuation is reasonable. (CoinDesk)
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