Metaplanet to Reward Shareholders With 30 Million Yen of BTC, Stock Jumps 6%

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As a seasoned crypto investor with a keen eye for opportunities, I must admit that the recent move by Metaplanet, Japan’s MicroStrategy equivalent, has caught my attention. The partnership with SBI VC Trade and their innovative shareholder benefit program offering Bitcoins is not only unique but also strategic in fostering cryptocurrency adoption.

Metaplanet, often referred to as Japan’s equivalent of Microstrategy, has recently formed a partnership with SBI VC Trade. This alliance introduces a shareholder advantage program and grants shareholders approximately 30 million Yen in Bitcoins. This announcement significantly boosted the company’s stock price by more than 6%, exceeding $2,450. The innovative strategy of this Japanese corporation is to reward its shareholders and establish value through their Bitcoin investments, thereby creating a Bitcoin-centric ecosystem.

Metaplanet Launches Bitcoin-focused Shareholder Program

Working together with SBI VC Trade Co., Ltd., a subsidiary of SBI Holdings, Inc., Metaplanet has released more information about its shareholder incentive program, initially announced in November 2018. This project aims to offer extra benefits to shareholders by offering Bitcoin-related rewards. The announcement underscores the company’s dedication to promoting cryptocurrency usage and boosting shareholder interaction. Notably, this announcement follows closely on the heels of a $62 million fundraising for Bitcoin acquisitions.

“We’re implementing this project to offer Bitcoin at no cost, allowing more individuals in Japan to explore and use Bitcoin.

Japan-based MicroStrategy announced its plan to distribute approximately 30 million Japanese Yen among its 2,350 shareholders. In this distribution, a total of 50 lucky shareholders will receive Bitcoin valued at 100,000 yen each, while another 100 shareholders will receive Bitcoin worth 30,000 yen each. The remaining 2,200 shareholders will be given Bitcoin worth 10,000 yen each. However, it’s important to note that Metaplanet has set certain conditions for shareholders to qualify for these rewards.

  • Shareholders must hold at least 100 shares of Metaplanet stock as of December 31, 2024.
  • Eligible participants must open a new account with SBI VC Trade between November 18, 2024, and March 31, 2025.
  • Campaign registration must be completed by March 31, 2025, using details provided by Metaplanet in early February.
  • Minors and non-residents are not eligible to participate.

By the end of April 2025, the Japanese company has plans to deposit Bitcoins into qualifying SBI VC Trade accounts. The amount distributed will be determined by the price at which Bitcoin was bought through SBI VC Trade, up until 11:59 PM on April 15, 2025.

Stock Price Extends Gains By 6%

Metaplanet’s stock price has soared in sync with Bitcoin’s 37% surge in November, achieving a comparable increase. So far this year, its gains amount to a staggering 1,360%. The majority of these gains occurred following the company’s Bitcoin adoption strategy implemented in May. Additionally, the company has produced a notable Bitcoin return of 155%.

According to market experts, the stock is predicted to continue climbing to a price of around 3,000 JPY, which was its peak value in May of this year. Regarding Bitcoin dividends for investors, the company mentioned:

We’re dedicated to providing value to our investors by forming strategic alliances with top industry players. These partnerships are designed to boost investor advantages, aligning with our goal of promoting Bitcoin adoption. In the future, we’ll keep looking for creative solutions to offer valuable chances and deepen the link between our shareholders and the wider Bitcoin community.

Following a 37% surge in its value during November, Bitcoin’s current price hovers near $96,678. Financial experts predict that Bitcoin could experience another rally of between 30% and 46%, potentially taking its price even higher in December, based on past trends.

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2024-12-02 11:26