Japan-based Bitcoin treasury company Metaplanet saw its shares surge early in the week due to the accelerating cryptocurrency rally. On Tuesday, Metaplanet shares listed on Japanese markets rose by 10.7%, drawing significant attention. The previous day’s 19.17% premium closing at $3.12 in the U.S. over-the-counter market was a key driver of this upward trend. The renewed appetite for risk at the start of the year in the cryptocurrency market has also notably increased demand for companies pursuing Bitcoin-focused balance sheet strategies.
Metaplanet’s Bitcoin Purchases Drive Share Increase
Metaplanet recently announced that it acquired 4,279 BTC in the last quarter of 2025, bringing its total holdings to 35,102 BTC. With a portfolio valued at approximately $3.29 billion at current market prices, the company positions itself as a balance structure sensitive to Bitcoin’s price movements rather than a traditional business. Investors view this asset increase as an indication of a long-term value retention strategy.
The surge was not confined to Japan alone. Metaplanet’s shares traded in the U.S. also experienced strong gains, indicating renewed global investor interest in Bitcoin treasury models. This interest is fueled by the expectation that cryptocurrencies can offer an alternative growth story despite fluctuations in traditional markets.
Similar trends were observed in other significant Bitcoin treasury companies. Shares of Strategy, led by Michael Saylor, rose by 4.81%, while Mara Holdings gained 6.86%. This highlights how even a relatively limited increase in Bitcoin’s price can rapidly affect companies that hold significant amounts of cryptocurrencies in their balance sheets.
Broad Rally in U.S. Cryptocurrency Stocks
The recovery in the cryptocurrency market also strongly impacted crypto-related shares listed in the U.S. Trading and reward platform Bakkt’s shares increased by 31.47% in a single day, closing at $14.79. Meanwhile, KindlyMD, shifting from the healthcare sector to the Bitcoin treasury model, saw a 24.38% rise in its shares, reaching $0.51.
Coinbase shares also recorded a 7.77% increase. A report published the same day indicated that Goldman Sachs upgraded its recommendation for Coinbase from “neutral” to “buy,” highlighting how new product launches and infrastructure revenue growth enhance its long-term growth profile.
The mining sector observed similar trends. American Bitcoin Corp, backed by Eric and Donald Trump Jr., saw a 13.48% increase in shares, while Hut 8 rose by 13.6%. Hardware manufacturer Canaan made an 8.7% gain during the same period. Meanwhile, Bitcoin was trading around $93,600, and double-digit increases in Ethereum and XRP reinforced the shift towards risky assets.
