PANews reported on May 23 that the stock price of Japanese listed company Metaplanet surged significantly due to its Bitcoin investment strategy similar to Microstrategy's, leading to a two-day suspension of its stock trading on the Tokyo Stock Exchange. This strategy caused the company's stock price to rise by 158% over the past week. In just two days, Metaplanet's stock price increased by 127% to 93 yen, nearly pushing its market value to $1 billion, prompting the exchange to suspend trading based on the daily maximum increase rule. Metaplanet aims to accumulate Bitcoin as a hedge against Japan's economic challenges, including a high debt-to-GDP ratio and yen depreciation, and has accumulated 117.7 Bitcoins worth $7.2 million. Since announcing its Bitcoin strategy, its stock price has risen by 389%.