Japan’s micro-tactic rival Metaplanet has surpassed Michael Saylor’s Bitcoin (BTC) acquisition company by 317% since the start of the year.
Since January 1, 2025, MicroStrategy has risen 27% and Metaplanet has risen 430%.
Assuming an equal investment of $1,000 in both companies at the beginning of the year, Metaplanet’s position is 317% more today.
The companies have announced plans to pay dividends to preferred shareholders, but neither will pay common shareholders. Therefore, it is appropriate to compare performance based solely on stock prices.
Up until the year, MicroStrategy increased its BTC holdings by 33% from 446,400 to 592,100 today. Starting with a much smaller Treasury, Metaplanet has made notable progress in keeping up. Metaplanet is rapidly increasing in 2025 Increased BTC holdings from 1,761 to 10,000 today by 467%.
Historically, Metaplanet has long enjoyed its unique position in the capital market and has long enjoyed its proximity to the Japanese stock market for capital flows seeking BTC price exposure.
It is traded on the prestigious Tokyo Stock Exchange (TSE) under the ticker symbol 3350. In the US, where micro-strategic strategies are dominant players, there is a QX tier over the counter list under the ticker symbol MTPLF, far below the Nasdax layer of micro-strategy common share.
Metaplanet’s MNAV Expansion
Metaplanet also outperforms micro-tactics, beneficial in Japan’s demand for BTC price exposures Expanding excessive ratings This exceeds BTC holdings measured by multiple asset values (MNAV).
MNAV is a general indicator for evaluating BTC finance companies. It is certainly simple and incomplete, which ignores debt and sensuality, simply splits the company’s market capitalization by the value of its BTC holdings.
Since the beginning of the year, Metaplanet’s MNAV has increased by 61% from 4.56 times per base share to 7.33 times today. During the same period, MicroStrategy’s MNAV actually stayed flat at 1.7 times.
Read more: MicroStrategy Wannabes and the Return of Mnav Mania
In other words, not only did Metaplanet common stock outperform MicroStrategy’s common stock by 317% this year, but MNAV outperformed the micro strategy by 61%.
Better to grow faster as a young person
Of course, it’s always easy to achieve higher growth rates as a small company. So, when you look at the percentages absolutely, you don’t get a complete comparison between the two companies.
Even Warren Buffett acknowledged that if he had a smaller capital base, he could achieve a 50% higher return on investment (ROI). For context, Buffett was able to complicate his book value at just 19% at Berkshire Hathaway, which is much more modest, but impressive.
Essentially, Metaplanet takes a different approach to growth towards micro-tactics. For example, the company highlights the accumulation of program BTC, which is in stark contrast to the purchase of Saylor lumps.
Furthermore, Metaplanet’s initiative on the sale of cash-enclosed BTC put options is quite different from sailors who don’t sell compensation or cash-held phones.
Metaplanet has also gained visibility in the media amid this year’s outperformance. Google Trends notes that since the start of the year, the company’s global questions have risen by 1,280%.
Shoots competitors who compete for Metaplanet’s popularity growth Matches that Google queries for micro-tactics fell by -64% over the same period.
In summary, Metaplanet dramatically outperforms micro-tactics not only in common equity performance but also in BTC accumulation rates. Its own market position in Japan, aggressive acquisition initiatives and lucrative media coverage have created outliers in the market where Saylor’s 3% ownership share of BTC’s hard cap supply dominated.
