Is Metaplanet the Next GameStop? Hedge Funds, Hold My Bitcoin! 🚀💸

So, picture this: May 23, 2025, and Metaplanet is strutting its stuff as the most active stock in Japan. But wait! It’s also the biggest loser of the day. Classic! 😂 Despite this rollercoaster, it’s still the heavyweight champ of Japanese stocks. Rumor has it, this little hotel operator is gearing up for a short squeeze that could rival the legendary GameStop saga. How did a budget hotel chain become the Bitcoin darling of the universe? Buckle up, folks!

Table of Contents

How Metaplanet chose Bitcoin

Once upon a time, Metaplanet was just a humble hotel operator, long before Bitcoin was even a twinkle in Satoshi’s eye. Fast forward to 2024, and they decided to ditch the hotel business (except for one, because, you know, sentimental value) and go all-in on Bitcoin. Talk about a glow-up! 🌟

In 1999, they were doing their thing under a different name, but in 2010, Simon Gerovich, the CEO, thought, “Let’s open some budget hotels in Thailand, the Philippines, Indonesia, and Japan!” Then came COVID, and it was like a bad rom-com for the hotel industry. But then, Gerovich had a lightbulb moment after hearing about Michael Saylor’s Bitcoin strategy. 💡

“In 2024, Metaplanet’s management embarked on a strategic pivot, recognizing Bitcoin as the world’s most scarce monetary asset and transformed the company into a Bitcoin Treasury Company.”

And just like that, they sold off all the hotels but one and started stacking Bitcoin like it was going out of style. Their goal? To make their stock more profitable than Bitcoin itself. Good luck with that, right? 😏

In 2026, they’re planning to open the first Bitcoin Hotel in Tokyo. Because why not combine hospitality with cryptocurrency? It’s like mixing wine with pizza—just makes sense!

Metaplanet today

Fast forward to today, and Metaplanet is strutting around like it’s the “MicroStrategy of Asia.” As of May 23, 2025, they’re holding 7,800 BTC. Sure, it sounds like pocket change compared to MicroStrategy’s 576,000 BTC, but hey, they’re still in the top ten globally with a Bitcoin treasury worth around $800 million. Not too shabby! 💰

Earlier this May, short-sellers were throwing shade at Metaplanet, but it didn’t stop the stock from skyrocketing. In just a year, the price jumped from 40 JPY to 1,000 JPY. That’s a 420% gain! Meanwhile, the Nikkei 225 is over there sulking with a 5% decline. Ouch! 😬

Short squeeze speculations and parallels with GameStop

Now, here’s where it gets juicy. Despite all the Bitcoin love, Metaplanet is the most shorted stock in Japan. Hedge funds are betting against it like it’s the last round of poker. But with all this volatility, we might just be on the brink of a short squeeze that could make GameStop look like a warm-up act. 🎭

Remember GameStop? Hedge funds thought they had it all figured out, but then retail traders from Reddit decided to crash the party, leading to a 3,200% surge. Hedge funds lost $838 million in a single day. Yikes! 😱

As of May 23, 2025, the future of Metaplanet is as clear as mud. If hedge funds are wrong, they’re in for a world of hurt. But if Metaplanet’s Bitcoin strategy flops, well, let’s just say it could be a serious slap on the wrist. Stay tuned, folks! 🍿

Read More

• Silver Rate Forecast

• SPEC PREDICTION. SPEC cryptocurrency

• USD PHP PREDICTION

• OM PREDICTION. OM cryptocurrency

• ETHFI PREDICTION. ETHFI cryptocurrency

• RUNE PREDICTION. RUNE cryptocurrency

• DOT PREDICTION. DOT cryptocurrency

• Solana’s Meltdown: $111M Longs Liquidate Like It’s Going Out of Style! 💸🔥

• ILV PREDICTION. ILV cryptocurrency

• USD KRW PREDICTION

2025-05-24 00:36