Bitcoin premium on Metaplanet up to $596k per BTC

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…