Metaplanet has achieved a significant milestone with its inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index).
This index, managed by Europe’s leading digital asset investment firm, CoinShares, tracks the performance of publicly traded companies actively engaged in blockchain and cryptocurrency innovation.
With Metaplanet’s addition, the BLOCK Index now comprises 45 companies globally recognized for their blockchain involvement, joining notable names such as MicroStrategy, Galaxy Digital Holdings, Meta, and Coinbase. These companies are selected based on earnings, growth potential, and competitive positioning within the blockchain sector.
Metaplanet announced the news on November 4 via an X post. CEO Simon Gervoich expressed pride in the company’s first appearance in a globally recognized equity index, stating:
“Thrilled to announce Metaplanet’s inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index), marking our first appearance in a globally recognized equity index.”
Thrilled to announce Metaplanet’s inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index), marking its first appearance in a globally recognized equity index.
Companies included in the index:https://t.co/YzJ6vEehbS https://t.co/xcQfQixTUL
— Simon Gerovich (@gerovich) November 5, 2024
The company, in its statement, highlighted that this achievement reflects its ongoing commitment to enhancing shareholder value through disciplined Bitcoin accumulation and a clear focus on strategic growth.
Notably, Metaplanet announced in May 2024 that it is adopting a “Bitcoin-first” treasury strategy and has since begun accumulating the cryptocurrency. The company’s Bitcoin reserves now surpass 1,000 BTC, positioning it among the top 20 companies worldwide with substantial Bitcoin holdings.
The development also aligns with Metaplanet’s recent efforts to strengthen its footprint in the blockchain sector and particularly its ambition to lead digital asset adoption in Japan. Over recent months, the company has outlined its plans to pioneer blockchain integration and innovation in the country.
The company recently partnered with SBI VC Trade, the crypto division of Japanese conglomerate SBI Holdings. This partnership is expected to enhance the company’s Bitcoin trading, storage, and management capabilities. Before this, it had partnered with Hoseki to enhance transparency in its Bitcoin holdings. As a result of the collaboration, interested parties can independently verify the company’s Bitcoin reserves with Hoseki’s cutting-edge verification technology.
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