Metaplanet’s Japanese Investor Surge Defies Share Price Decline

A remarkable divergence is unfolding with Metaplanet shares as the company experiences an unprecedented influx of Japanese retail investors despite significant price depreciation. Over the past six months, the stock has declined by 25%, creating a stark contrast with shareholder numbers that have expanded dramatically across Japan.

Recent data reveals extraordinary growth in Metaplanet's Japanese investor base, with the number of shareholders surging by 66% within a remarkably short timeframe. This expansion has brought total Japanese ownership to 212,571 individuals, representing nearly 0.2% of Japan's entire population.

This substantial retail movement indicates growing acceptance of Bitcoin-focused investment strategies within Japan's mainstream market. The widening gap between shareholder confidence and market performance suggests individual investors maintain stronger belief in the company's long-term vision than current price action reflects.

Should investors sell immediately? Or is it worth buying Metaplanet?

Bitcoin Holdings Fail to Impress International Markets

At the core of this paradox lies Metaplanet's substantial Bitcoin treasury, which currently holds 30,823 BTC. While this significant cryptocurrency position appears to be driving domestic investor enthusiasm, international market participants remain skeptical about the sustainability of this strategy. The company's declining valuation despite growing shareholder numbers highlights a fundamental disconnect between local confidence and global market sentiment.

Market Outlook: Domestic Support Versus Price Reality

The critical question facing market observers is whether this expanding retail base can ultimately reverse the established downward trend. With over 212,000 Japanese investors now holding positions, domestic support has reached meaningful levels. However, the six-month chart continues to tell a different story, leaving analysts to speculate when—or if—this substantial home market interest will translate into price recovery.