{"id":98892,"date":"2024-11-05T01:45:06","date_gmt":"2024-11-05T05:45:06","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=98892"},"modified":"2024-11-05T01:45:18","modified_gmt":"2024-11-05T05:45:18","slug":"metaplanet-debuts-on-blockchain-equity-index","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/metaplanet-debuts-on-blockchain-equity-index\/","title":{"rendered":"Metaplanet Debuts on CoinShares’ Blockchain Equity Index"},"content":{"rendered":"\n

Metaplanet Inc<\/a>., a publicly-listed Japanese investment firm, has joined the CoinShares Blockchain Global Equity Index, marking its first listing in a major blockchain index.<\/p>\n\n\n\n

\"Metaplanet
Metaplanet Debuts on CoinShares' Blockchain Equity Index<\/figcaption><\/figure>\n\n\n\n

Metaplanet Debuts on Blockchain Equity Index<\/h2>\n\n\n\n

Metaplanet Inc., a publicly-listed early-stage investment firm in Japan, has announced its inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index), a globally recognized benchmark that monitors the most prominent public companies in the blockchain and crypto sectors.<\/p>\n\n\n\n

Metaplanet's CEO, Simon Gerovich, announced Monday that the company has made its d\u00e9but in a high-profile blockchain equity index with its inclusion in the CoinShares BLOCK Index.<\/p>\n\n\n\n

Metaplanet is endeavoring to enhance its international profile and position in the Asian crypto industry<\/a> to attract additional investors interested in the region's expanding market, per its stated mission to “lead in the digital finance era.”<\/p>\n\n\n\n

Metaplanet asserts that its inclusion in the index will “increase shareholder value through disciplined Bitcoin accumulation,” thereby solidifying its status as Japan's foremost digital asset company, according to a filing released on Monday.<\/p>\n\n\n\n

The BLOCK Index is a benchmark intended to monitor the performance of publicly traded companies actively engaged in the blockchain and crypto sectors.<\/p>\n\n\n\n

Managed by CoinShares, the largest digital asset investment firm in Europe, the index provides investors with a diverse portfolio of businesses at the forefront of the development and implementation of blockchain technologies<\/a>.<\/p>\n\n\n\n

The index, which uses a rigorous blockchain scoring methodology based on “earnings significance, earnings potential, development stage, business competitive positioning, and business sustainability,” comprises 45 global leaders, including MicroStrategy, Galaxy Digital Holdings\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, Meta, and Coinbase, among others.<\/p>\n\n\n\n

Google Finance reports that Metaplanet's stock was trading at 1,583 JPY (US$10.42) on Monday, a decrease of nearly 1%, following the announcement.<\/p>\n\n\n\n

The Tokyo-based company's entry into the CoinShares index follows its numerous Bitcoin (BTC) acquisitions this year, which have increased its holdings to 1,108 BTC, estimated to be worth approximately $69 million.<\/p>\n\n\n\n

Just last month, Metaplanet acquired more than 600 BTC, with a recent acquisition of 156 BTC for approximately $10 million. The approach of U.S.-based MicroStrategy, which is renowned for maintaining the world's largest corporate Bitcoin reserve, is mirrored by its dedication to a Bitcoin-centric treasury.<\/p>\n\n\n\n

Metaplanet, like MicroStrategy, has recently implemented a “BTC Yield” metric to evaluate the influence of its Bitcoin holdings on shareholder value.<\/p>\n","protected":false},"excerpt":{"rendered":"

Metaplanet Inc., a publicly-listed Japanese investment firm, has joined the CoinShares Blockchain Global Equity Index, marking its first listing in a major blockchain index. Metaplanet Debuts on Blockchain Equity Index Metaplanet Inc., a publicly-listed early-stage investment firm in Japan, has announced its inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index), a globally recognized […]<\/p>\n","protected":false},"author":36,"featured_media":98899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[22674,9451,19076],"class_list":["post-98892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blockchain-equity-index","tag-coinshares-2","tag-metaplanet-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/171937511268849.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/98892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=98892"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/98892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/98899"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=98892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=98892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=98892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}