Crypto Stocks: Metaplanet Hit 12-Year High, Circle Resumes Post-IPO Hype

Key Insight

• Metaplanet stock has hit a new milestone of 1,895 yen, the highest price in more than 12 months.
• Circle stock continues with positive momentum following its successful IPO launch.
• Other crypto stocks like MARA, COIN, and RIOT are also recording positive market momentum.

Several crypto stocks are currently witnessing a positive market shift. Notably, Metaplanet Inc. and Circle Internet Group stocks are among the top gainers in last day’s trading session.

Metaplatnet stock (MTPLF) has hit a 12-year high, a notable milestone for the firm.

In a similar move, Circle stock (CRCL) climbed over 18% today. This rally comes barely a few weeks after CRCL listed on the Nasdaq.

The Metaplanet Stock Accumulation Shift

In a recent X post, Strategy CEO Michael Saylor congratulated the Metaplanet team for their role in the firm’s latest achievement.

Saylor released a Metaplanet chart showing its stock hitting a yearly high.

Over the past year, MTPLF stocks have rallied over 25.5% to ¥1,895. In the daily timeframe, they have surged by 386%, emphasizing a new accumulation shift for Metaplanet stocks.

This impressive stock performance reinforces Microplanet’s commitment to accumulating Bitcoin (BTC) in its treasury reserve.

Metaplanet is shaping up to become Japan’s Strategy through its consistent Bitcoin purchases.

Currently, Metaplanet holds over 8,888 BTC, valued at approximately $951 million. The company has previously revealed its vision of accumulating 10,000 BTC by the end of 2025.

Earlier this month, Metaplanet added 1,088 BTC to its stash when the price of Bitcoin climbed above $110,000.

Metaplanet began accumulating BTC back in April 2024. Since then, the firm has become the largest Bitcoin holder among Asian public companies.

The firm’s Bitcoin accumulation strategy hedges against Japan’s economic issues, such as a weak yen.

This diversification has helped boost shareholder value as it has attained the 10,000 BTC milestone.

Momentum on Circle Stock Continues

Circle stock has increased over five times since completing its Initial Public Offering (IPO) and launching on Nasdaq.

At the IPO launch, Circle issued 34 million shares at $31, with a valuation of $8 billion.

After a slow start on the first day of trading, CRCL jumped to a high of nearly $103.8 per share. On day two, the Circle share price climbed to over $123.

The momentum has since continued, with CRCL currently trading at $158, demonstrating an 18.13% increase over the past day.

The market cap has soared to over $36.5 billion, while volume is pegged at $6,107,937.

Circle is well-positioned to benefit from the adoption of a booming stablecoin market.

Proponents are optimistic that Circle could one day compete with financial giants like Visa and Mastercard.

Performance Outlook for Crypto Stocks MARA, COIN, and RIOT

Similar to MTPLF and CRCL, other crypto stocks, such as Marathon Digital Holdings (MARA), Coinbase (COIN), and Riot platforms (RIOT), are experiencing a booming market.

The prices of MARA, COIN, and RIOT jumped 1.6%, 4.8%, and 1.4%, respectively, over the past 24 hours.

As a result, MARA now trades at $15.28, COIN at $254.4, and RIOT at $9.86. These crypto stocks’ price rallies coincide with positive operational metrics and attention from analysts.

Marathon Digital Holdings, a top Bitcoin mining firm, has a BTC accumulation strategy that supports its lending operation.

In January 2025, the company revealed it lent 7,377 BTC, representing 16% of its total 44,893 BTC reserves. This is part of its strategy to generate additional income.

Coinbase gained the market’s attention following the Circle IPO launch. Both firms have a key partnership, which could see Coinbase pulling in more revenue from USDC than even Circle.

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