Metaplanet Takes Lead in BLOCK Index, Now Holds 6.27% Weight

Highlights:

• Metaplanet now ranks number one in the BLOCK Index crypto-related companies’ standings.
• The Japanese investment firm outpaced Coinbase Global Inc. And MicroStrategy with a 6.27% weight.
• Gerovich attributed Metaplanet’s success to its consistent Bitcoin investment culture.

Japan’s crypto investment firm, Metaplanet, is making headlines for attaining a landmark achievement. According to a fresh development, Simon Gerovich, the investment company’s Chief Executive Officer (CEO), shared a tweet disclosing that Metaplanet is now the largest entity of the CoinShares Blockchain Global Equity Index (BLOCK Index). The investment firm attained the giant stride with a massive 6.27% weighting.

Gerovich attributed his company’s new milestone to Bitcoin. According to the CEO, the asset class is gradually gaining recognition in corporate strategy roles. He also noted that BTC has evolved into an asset class that can enhance resilience, transparency, and shareholder value. “We’re honored to stand alongside industry leaders and remain committed to demonstrating what a Bitcoin-first approach can achieve for listed companies,” Gerovich added.

Notably, Metaplanet outperformed companies like SBI Holdings Inc., with 4.93% weight, Taiwan Semiconductor Manufacturing Co Limited, with 4.06% weight, and Monex Group Inc., with 4.04% weight. Some other popular companies that made up the list were MercadoLibre Inc., Coinbase Global Inc., MicroStrategy Inc., Galaxy Digital Holdings Limited, CleanSpark Inc., Samsung Electronics Co Limited, Sony Group Corp., etc.

The above companies have less than 4% weights, underscoring Metaplanet’s impressive track record. Notably, MicroStrategy, the largest corporate holder of Bitcoin with roughly 478,740 BTC holdings valued at about $31.1 billion, did not rank among the top five. Hence, it hints at Metaplanet’s commitment to doing things in a unique way that has guaranteed good results for the company.

Metaplanet is now the largest component of the CoinShares Blockchain Global Equity Index (BLOCK Index) with a 6.27% weighting!

This milestone reflects the growing recognition of Bitcoin’s role in corporate strategy and how it can enhance resilience, transparency, and shareholder… https://t.co/cTp3jbh7tr pic.twitter.com/LrNGbBpSu2

— Simon Gerovich (@gerovich) February 19, 2025

Metaplanet’s Rapid Ascent to the Top

Unlike several other companies that made up the BLOCK Index, Metaplanet’s inclusion ranked among one of the most recent. Notedly, the Japanese firm inclusion in the BLOCK Index happened in November 2024. The investment outlet CEO shared the news on X, citing that it was Metaplanet’s first-ever appearance in the world’s leading equity index. Considering the latest development, it becomes obvious that the investment firm only needed about three months to reach zenith levels.

Metaplanet’s decision to join the BLOCK Index stems from its desire to improve shareholder value via consistent Bitcoin accumulation. The investment outlet also aims to cement its position as Japan’s number one Bitcoin Treasury Company. It is worth noting that CoinShares manages the BLOCK Index. The index tracks the performances of companies that deal with Blockchain and crypto-related entities.

Over the years, the BLOCK Index has successfully featured 45 companies from around different regions of the world, offering users, especially investors, wide exposure to business entities that support Blockchain advancements. Joining the index requires meeting strict criteria based on a blockchain scoring methodology comprising five parameters. These metrics include earnings potential, development stage, business competitive postings, earnings significance, and business sustainability.

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

Metaplanet Remains Committed to Bitcoin Investment

Having attributed its recent success to its consistent Bitcoin procurement culture, Metaplanet does not seem to be relenting in its purchase efforts anytime soon. Two days ago, the company’s CEO announced a fresh Bitcoin purchase worth $26.3 million. With the invested capital, Metaplanet added 269.43 BTC at an average selling price of $97,481 per token to its Bitcoin stores.

The new investment saw Metaplanet’s Year-to-date gains soar by about 15.3%. Additionally, it increased the company’s entire Bitcoin holdings to 2031.41 BTC acquired for $163.3 million at roughly $80,394 per Bitcoin.

Metaplanet has acquired 269.43 BTC for ~$26.3 million at ~$97,481 per bitcoin and has achieved BTC Yield of 15.3% YTD 2025.  As of 2/17/2025, we hold 2031.41 $BTC acquired for ~$163.3 million at ~80,394 per bitcoin. pic.twitter.com/iUp4y9zBNC

— Simon Gerovich (@gerovich) February 17, 2025