Cryptocurrency concept stocks under the Fed turmoil spotlight: MSTR and Metaplanet become market focal points

GateNews
BTC0,48%
ETH2,3%

Tuesday, January 13th, market volatility was triggered by news of Federal Reserve Chair Powell’s investigation, leading to increased concerns about central bank independence. The S&P 500 index remained largely range-bound. Against this backdrop, cryptocurrency-related stocks with high correlation to Bitcoin performed notably, with MSTR and Metaplanet becoming focal points for capital attention.

In individual stocks, Strategy Inc. (MSTR) strengthened after disclosing its latest Bitcoin accumulation plan. The company announced the purchase of approximately 12.5 billion USD worth of 13,627 Bitcoins, marking its third consecutive week of expanding Bitcoin reserves and further solidifying its position as an “enterprise Bitcoin treasury.” Following the announcement, MSTR rose about 1.5% in early trading, with the market maintaining a positive outlook on its long-term Bitcoin strategy. Michael Saylor’s statements were also seen as signals of continued accumulation, providing emotional support for the stock price.

Meanwhile, Japan’s Metaplanet also performed strongly. The company’s stock rose over 1.6% on the day, with an annual increase of 46%. Data shows that Metaplanet currently holds over 35,000 Bitcoins, with a total investment of approximately 451 million USD, placing it among the top global corporate Bitcoin holders. Overall, investors are indirectly positioning themselves for Bitcoin price movements through such stocks, enhancing resilience against macro uncertainties.

In the broader market, the S&P 500 index closed up slightly by 0.15% after digesting the news during the session. Although the investigation temporarily suppressed risk appetite, some retail and technology sectors rebounded, helping the index recover lost ground. Meanwhile, safe-haven assets also strengthened, with Bitcoin maintaining above 91,000 USD, Ethereum stabilizing near 3,100 USD, and gold and silver prices reaching new highs for the phase.

In summary, in an environment of a weakening US dollar and falling bond yields, market sentiment is gradually shifting towards reassessment of non-sovereign assets and crypto-related targets. The performance of MSTR, Metaplanet, and the S&P 500 serves as an important window into capital flows and risk appetite at the beginning of 2026.

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