Metaplanet Set to Crush MicroStrategy in Bitcoin ROI—Blockchain Pioneer Adam Back Doubles Down
Move over, Michael Saylor—Japan’s Metaplanet is gunning for your Bitcoin crown. Blockstream CEO Adam Back just bet the house on the Tokyo-listed firm outpacing MicroStrategy’s legendary BTC plays. Here’s why the smart money’s flipping East.
The Bitcoin Arms Race Heats Up
While Wall Street hedge funds still debate ’digital gold,’ these corporate whales are stuffing their treasuries with Satoshis. Metaplanet’s 2024 pivot to Bitcoin reserves—mirroring MicroStrategy’s playbook—now looks prescient as BTC tests new highs.
Regulatory Arbitrage Wins
Japan’s pro-crypto accounting standards give Metaplanet a stealth advantage. No messy SEC filings, just clean balance sheet leverage—take notes, US corporations still hand-wringing about ’volatility.’
The Closing Bell
Back’s endorsement throws gasoline on the Bitcoin corporate adoption narrative. One thing’s certain: when the suits start chasing yield, even gold bugs start sweating. Just don’t tell the BoE—they’re still banning staff from buying crypto (with their 3% pension returns).

is rapidly emerging as a major Bitcoin powerhouse. The Japanese firm recently launched its U.S.-based arm,, dedicated to accumulating Bitcoin. As part of this bold strategy, it’s planning ato fund additional BTC purchases—signaling a deep commitment to its Bitcoin-first approach.
Adam Back: Metaplanet Outperforms MicroStrategy
According to Blockstream CEO Adam Back, Metaplanet is significantly more efficient than MicroStrategy in generating returns from Bitcoin. Using a metric calledBack said Metaplanet delivers a 2x BTC yield in just 3 months.
Currently, Metaplanet’sstands at, and could hitif the current pace continues. This WOULD allow its stock price to jump from, according to Back.
“Metaplanet is growing 3.8 times faster than MicroStrategy in terms of mNAV coverage,” Back wrote on X.
Metaplanet Stock Is Gaining Momentum
As of now,, acquired at an average price of. In 2025, its, and the company’s stock has recently surged, closing at.
Risks Still Exist
While the performance looks strong, crypto analyst @agentic_t noted that markets are volatile and emphasized that risk-adjusted returns should be considered.
“2x yields are great, but not always guaranteed,” he warned.With fast bitcoin accumulation, a growing presence in U.S. capital markets, and high praise from industry experts like,could become one of the top BTC plays globally. Investors are now watching closely—could this be the next MicroStrategy?