Japanese Bitcoin Treasury Metaplanet Added to FTSE Japan Index

Uk Jin

Summary

It was reported that Metaplanet has been newly included in the FTSE Japan Index.
With this index inclusion, global funds can now automatically flow into Metaplanet.
It was assessed that this could have the effect of indirectly supplying liquidity to the Bitcoin (BTC) market.

Metaplanet, often referred to as the 'Japanese MicroStrategy,' has been newly added to the FTSE Japan Index.

According to Cointelegraph, a media outlet specializing in virtual assets (cryptocurrencies), on the 24th (local time), Metaplanet was automatically included in the FTSE Japan Index, which tracks mid- and large-cap Japanese listed companies, after being promoted from small-cap to mid-cap status thanks to strong second-quarter results.

With this inclusion, global capital can now flow automatically to Metaplanet. The outlet evaluated, "This means that liquidity can also be supplied indirectly to the Bitcoin (BTC) market."

In 2024, Metaplanet radically shifted its business to become a Bitcoin treasury company. Over approximately a year and a half, it accumulated 18,888 Bitcoins.

BTC