Bitcoin Buyer Metaplanet Now Worth More Than Chipmaker Kioxia

2025-06-16 17:02:49

Metaplanet, a Japanese hotelier turned bitcoin buyer, has surpassed memory chip maker Kioxia Holdings in market value after its shares surged nearly 400% in less than two months on the back of a global cryptocurrency rally. Metaplanet’s market value surpassed 1 trillion yen ($6.9 billion) for the first time on Monday, and its gains also put it ahead of chip maker Screen Holdings and Tokyo Metro Co., one of the world’s largest subway system operators.

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