Metaplanet added to CoinShares stock index
Metaplanet has been included in the global index
The Japanese investment company Metaplanet Inc. has been included in the CoinShares Blockchain Global Equity Index, which tracks the largest publicly traded companies in the blockchain and cryptocurrency sectors.
The company shared this news on its social media platform X.
Metaplanet is known for regularly investing in Bitcoin since 2020, following the Bitcoin strategy pioneered by MicroStrategy, the first company to add Bitcoin to its balance sheet.
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Metaplanet is a leading digital asset company in Japan. Its leadership believes that being included in the index will help increase stock value “through disciplined Bitcoin accumulation.”
The addition of the Tokyo-based company to the CoinShares index comes as its Bitcoin holdings reached 1,108 BTC this year, valued at approximately $69 million.
What is the CoinShares Blockchain Global Equity Index?
The CoinShares Blockchain Global Equity Index is an index developed by CoinShares that tracks companies actively involved in the blockchain and digital asset industry.
The index aims to give investors a way to follow trends in the cryptocurrency industry and gain a diversified view of the growth among companies in the sector.
The CoinShares Blockchain Global Equity Index includes a wide range of businesses, from mining equipment manufacturers and cryptocurrency exchanges to digital asset custody providers.
The index comprises 45 companies, including MicroStrategy, Galaxy Digital Holdings, Meta, and Coinbase.
As a reminder, in October, Metaplanet became the second-largest Bitcoin holder in Asia.
