The Market Cap of Metaplanet, a company that has transformed from the hotel industry to Bitcoin buying in Japan, has surpassed that of storage chip manufacturer Kioxia Holdings. Thanks to the global rise of Cryptos, the company's stock price has skyrocketed nearly 400% in less than two months. Metaplanet's Market Cap broke 1 trillion yen (6.9 billion USD) for the first time on Monday, and its growth has also allowed it to surpass the Market Cap of chip manufacturer Screen Holdings and Tokyo Metro (one of the world's largest subway system operators).
The Market Cap of Bitcoin buyer Metaplanet has now surpassed that of chip manufacturer Kioxia.
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