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Metaplanet, a company listed on the Tokyo Stock Exchange (TSE: 3350), holds 17,595 $BTC, making it the largest listed company Bitcoin strategic reserve holder in Asia.
However, the stock price of #Metaplanet# has dropped over 34% in the past month.
The current market value is $4.57 billion, the net asset value (NAV) is 2.25, and the cumulative increase in stock price from the beginning of 2025 to now is 191.37%.
If stock prices remain sluggish, it may weaken investor confidence and increase the difficulty of fundraising. If cash flow or financing is restricted, it may slow down the pace of Bitcoin accumulation.