Bitcoin proxy companies Strategy, Metaplanet, and Boyaa are preparing for potential breakouts amid global market shifts - IcoHolder.

As President Trump's tariffs loom over global markets, Bitcoin proxy companies Strategy, Metaplanet, and Boyaa are gearing up for potential breakouts, signaling strong upward momentum for investors. The market's reading of the tariffs, set to go into effect on Wednesday, remains a critical factor in shaping their future performance, but all three companies are positioned to capitalize on favorable conditions.

Strategy, a major player in the Bitcoin space, has recently made a significant move, acquiring $1.92 billion worth of Bitcoin. With holdings surpassing 528,000 BTC, Strategy now leads the pack of Bitcoin-oriented companies. Chart analysis reveals the formation of a bull flag, a highly bullish pattern, suggesting the company’s price could continue to rise. Despite encountering some resistance at the top trendline, the Stochastic RSI indicator points to a growing upward momentum, with a potential retracement to $301 before further gains.

Boyaa, lesser-known in Western circles, is making waves as Asia’s largest Bitcoin holder, with 3,183 BTC valued at over $270 million. While Boyaa operates in the online board and card game sector, its cryptocurrency holdings have drawn significant attention. The company is currently positioned within a bull flag on the Hong Kong Stock Exchange’s weekly chart, primed for a breakout. A successful breakout could see the price surge past $8 HKD, more than double its current value.

Metaplanet, a company listed on the Tokyo Stock Exchange, has been making headlines due to its remarkable performance, driven by its Bitcoin acquisitions. Following Michael Saylor’s Strategy playbook, Metaplanet’s stock has soared by over 2,000% since it began purchasing Bitcoin in 2024. Currently at the bottom of a triangle formation, the company is poised for a bounce if Bitcoin's downtrend reverses. Fibonacci-based upside targets suggest significant potential for growth in the coming weeks.

As global economic factors and Bitcoin’s performance intertwine, these Bitcoin proxy companies are well-positioned to capture the attention of investors, with the potential for substantial price movements ahead.