Metaplanet

Rally

Bitcoin

Proxy

<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights:</strong></h3>
<ul>
 <li>Bitcoin treasury firm Metaplanet mNAV bounces back to 1x.</li>
 <li>Metaplanet stock jumped 15% in a week.</li>
 <li>MTPLF stock saw a weekly rebound of over 10%.</li>
 <li>Bitcoin price holds above $91K amid buying activity in spot and derivatives markets.</li>
</ul>
<p>Japan-based Bitcoin treasury firm Metaplanet’s key indicator of its Bitcoin accumulation strategy has finally reclaimed 1x. This comes amid several positive developments, including BTC price recovery.</p>
<p>Metaplanet stock climbed 2.56% further on Friday, extending the weekly run to over 15%. Will the stock price recovery continue in the coming weeks?</p>
<h2 class="wp-block-heading" id="h-metaplanet-mnav-rises-to-1-amid-bitcoin-price-rebound"><strong>Metaplanet mNAV Rises to 1 Amid Bitcoin Price Rebound</strong></h2>
<p>According to Metaplanet <a href="https://metaplanet.jp/en/analytics" rel="noopener noreferrer nofollow">dashboard data</a>, the Bitcoin treasury firm’s enterprise value has increased to a level in line with its Bitcoin holdings. As a result, the firm’s mNAV has rebounded to 1x.</p>
<div class="wp-block-image">
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  <img loading="lazy" width="613" height="526" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-1074.png" alt="Metaplanet mNAV | Source: Metaplanet Dashboard">
  <figcaption>
   Metaplanet mNAV | Source: Metaplanet Dashboard
  </figcaption>
 </figure>
</div>
<p>This comes as <a href="https://www.thecoinrepublic.com/2025/11/25/bitcoin-treasury-metaplanet-draws-fresh-130m-debt-amid-20-unrealized-loss/" rel="noopener noreferrer nofollow">the firm borrowed</a> another $130 million against its Bitcoin holdings. Metaplanet plans additional BTC purchases, income-generation activities, and potential share buybacks with the loan.</p>
<p>After the 10/10 crypto market crash, the company’s mNAV dropped below 0.95. Institutional and retail investors opened shorts on Metaplanet stock amid concerns about its Bitcoin treasury strategy.</p>
<p>The company has total Bitcoin holdings of 30,823 BTC, valued at over $2.82 billion at the time of writing. Moreover, the firm has achieved a yield of 496.4% year-to-date 2025 through an aggressive Bitcoin accumulation strategy.</p>
<h2 class="wp-block-heading" id="h-metaplanet-and-mtplf-stock-rally"><strong>Metaplanet and MTPLF Stock Rally</strong></h2>
<p>The Metaplanet stock price closed 2.56% higher at 400 JPY on Friday. The 24-hour low and high were 398 JPY and 432 JPY, respectively.</p>
<p>The stock has rallied more than 15% in a week due to the $130 million loan. The recovery sparked speculation among shareholders and the crypto community.</p>
<p>This week’s Metaplanet stock performance marked a significant respite from the recent downturn. The stock is still down 19% in a month.</p>
<p>Meanwhile, MTPLF stock closed 4.89% higher at $2.42 on Wednesday. The stock has also rebounded by more than 10% over the past week.</p>
<p>The 24-hour low and high were $2.30 and $2.44, respectively. The rebound comes amid lower trading volume.</p>
<h2 class="wp-block-heading" id="h-bitcoin-price-holds-above-91k"><strong>Bitcoin Price Holds Above $91K</strong></h2>
<p>Amid the new update on the Metaplanet stock, Bitcoin (<a href="https://www.thecoinrepublic.com/price-prediction/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) price was trading sideways over the past 24 hours due to crypto options expiry. At the time of writing, the price of Bitcoin was trading at $91,273.</p>
<p>The 24-hour low and high were $90,471 and $91,829, respectively. Furthermore, the trading volume decreased by 31% over the last 24 hours amid the ongoing volatile scenario in the market.</p>
<p>The derivatives market showed mixed sentiment over the last few hours, according to&nbsp;CoinGlass data. At the time of writing, the total BTC futures open interest jumped 0.26% to $60.16 billion in the last 4 hours.</p>
<p>The 24-hour BTC futures open interest was down more than 0.50%. Notably, the 4-hour futures open interest on CME fell by 0.24% and jumped by 0.25% on Binance.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/11/28/breaking-bitcoin-proxy-metaplanet-mnav-back-at-1x-stock-price-rebounds-15/" rel="noopener noreferrer nofollow">Breaking: Bitcoin Proxy Metaplanet mNAV Back at 1x, Stock Price Rebounds 15%</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Breaking: Bitcoin Proxy Metaplanet mNAV Back at 1x, Stock Price Rebounds 15%

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