{"id":13397,"date":"2025-10-14T19:29:05","date_gmt":"2025-10-14T19:29:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/metaplanet-stock-flashes-a-death-cross-as-key-metric-tumbles\/"},"modified":"2025-10-14T19:29:13","modified_gmt":"2025-10-14T19:29:13","slug":"metaplanet-stock-flashes-a-death-cross-as-key-metric-tumbles","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/metaplanet-stock-flashes-a-death-cross-as-key-metric-tumbles\/","title":{"rendered":"Metaplanet stock flashes a death cross as key metric tumbles"},"content":{"rendered":"
\n

Metaplanet stock price plunged and crossed a crucial support level as the company\u2019s net asset value fell below its Bitcoin holdings for the first time.<\/p>\n

\n
\n Summary<\/span>\n <\/div>\n
\n
    \n
  • Metaplanet stock price has crashed and moved below a key support at \u00a5500.<\/li>\n
  • The stock has formed a death cross pattern as the 50-day and 200-day EMA crossed each other.<\/li>\n
  • Technical analysis points to more downside in the near term.\u00a0<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    Metaplanet plunges as mNAV falls<\/h2>\n

    Metaplanet, a top Bitcoin (BTC) treasury company, plunged to a low of \u00a5482, its lowest level since May, and 75% below its highest point this year. This plunge has erased billions of dollars in value.\u00a0<\/p>\n

    Metaplanet stock has plunged as interest in Bitcoin treasury companies waned. Michael Saylor\u2019s Strategy stock remains in a deep bear market even as Bitcoin remains below its all-time high.\u00a0<\/p>\n

    Other companies with Bitcoin in their holdings, such as Bullish, MicroCloud Hologram, and Trump Media, have all plunged in the past few months.<\/p>\n

    Most importantly, the significant premium that Metaplanet had a few months ago has now plunged. According to Bloomberg, the mNAV ratio dropped below 1 for the first time since it began its accumulation. This is a sign that its Bitcoin holdings are now worth more than its enterprise value.<\/p>\n

    <\/p>\n

    A highly positive mNAV is favorable for Bitcoin treasury companies, as it makes it easier for them to raise capital through share sales.<\/p>\n

    In addition to the industry challenges, Metaplanet stock has plunged because it has largely stopped accumulating Bitcoin, possibly because of the falling premium.<\/p>\n

    It has also declined due to profit-taking among investors, as the stock was up by almost 4,000% between its lowest point in 2024 and the year-to-date high. It has also dropped due to rising dilution, as its outstanding shares have jumped from 181 million in 2021 to 654 million.<\/p>\n

    Metaplanet stock price technical analysis\u00a0<\/h2>\n
    Metaplanet share price chart | Source: TradingView<\/figcaption><\/figure>\n

    The daily time frame chart shows that the Metaplanet share price has been in a strong downtrend in the past few months. It lost important support at \u00a5500, its lowest point in September. Moving below that level invalidated the small double-bottom pattern.<\/p>\n

    Metaplanet stock price has also invalidated the falling wedge pattern, which often leads to a strong breakout. It has also formed a death cross pattern as the 50-day and 200-day Exponential Moving Averages have crossed.<\/p>\n

    Therefore, the stock will likely continue falling as sellers target the key support at \u00a5300, its lowest point in April.<\/p>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    Metaplanet stock price plunged and crossed a crucial support level as the company\u2019s net asset value fell below its Bitcoin holdings for the first time. Summary Metaplanet stock price has…<\/p>\n","protected":false},"author":1,"featured_media":8246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13397"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13397\/revisions"}],"predecessor-version":[{"id":13398,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13397\/revisions\/13398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8246"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}