Metaplanet Announces 10-1 Stock Split After Major Bitcoin Investment

Metaplanet Announces- 2,100 BTC and Stock Split Announcement

Metaplanet Announces– Metaplanet, a prominent player in the crypto market, has now successfully accumulated 2,100 Bitcoin (BTC), a stake that represents 0.01% of the total BTC supply that will ever be mined, capped at 21 million BTC. In a recent purchase, Metaplanet bought 68.59 BTC for $6.6 million, with an average purchase price of $96,335 per bitcoin.

The company’s bold strategy, known as the “21 million plan,” has drawn attention, successfully raising $20 million in equity capital during the first two trading days of its launch. This initiative underscores Metaplanet’s significant commitment to the cryptocurrency space, aiming to enhance its stake in Bitcoin while positioning itself for future growth.

Stock Split Announcement: Metaplanet Executes 10-1 Stock Split

In a further move to increase investor confidence, Metaplanet has announced a 10-1 stock split set for April 1. This announcement comes only eight months after the company executed a reverse 1-for-10 stock split, illustrating its ongoing commitment to optimize shareholder value. As of now, Metaplanet shares are trading at 6,260 JPY, reflecting a modest increase of over 1% in the current market.

Metaplanet’s latest strategic decisions highlight its growing influence in the cryptocurrency and investment markets, and many are watching closely to see how these moves will shape its future trajectory.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.