Metaplanet Inc., a Japanese cryptocurrency company recognized for its Bitcoin strategy, has made a significant move by listing its shares on the OTCQX as of December 19, 2024.

The company's shares will trade under the ticker MTPLF on the OTCQX, adding to its existing stock trading in Japan.

CEO Simon Gerovich emphasized that this U.S. listing is intended to bolster the company's long-term Bitcoin strategy.

Metaplanet's aggressive Bitcoin acquisition strategy has positively influenced the Bitcoin market in Asia, where Bitcoin is increasingly viewed as 'digital gold.'

Earlier in 2024, Metaplanet adopted a Bitcoin strategy, accumulating over 1,142 BTC, and is on track to achieve its first fiscal year operating profit since 2017.

In November 2024, the company announced plans to raise approximately $62 million through moving strike stock acquisition rights to further enhance its Bitcoin accumulation efforts.

At the time of the announcement, Metaplanet's stock had surged dramatically, returning about 2,068 percent year-to-date and trading at approximately £3,685.

This surge in stock value coincides with a broader trend of mainstream Bitcoin adoption by institutional investors, which has propelled Bitcoin prices above $100,000 for the first time.

Furthermore, Metaplanet has officially incorporated Bitcoin treasury operations as a business line, aiming to attract more investors, similar to the strategy employed by MicroStrategy Inc.