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Japanese investment firm Metaplanet’s Bitcoin premium is almost $600,000 per coin, as Asia’s leading Bitcoin treasury firm pushes forward with its plan to purchase 21,000 BTC by 2026.
Metaplanet’s stockholders are paying a more than fivefold premium on Bitcoin’s (BTC) price when investing in the Japanese company, according to a report by 10x Research published on May 27, which wrote:
“A little-known Japanese stock trades as if Bitcoin were worth $596,154, more than five times its actual price.”
Investors who don’t understand the importance…
