Metaplanet Gives Shareholders Free Bitcoin, Stock Soars Over 6%!

Share This Post

Metaplanet Inc. Bitcoin Holdings

The post Metaplanet Gives Shareholders Free Bitcoin, Stock Soars Over 6%! appeared first on Coinpedia Fintech News

Metaplanet, often referred to as Japan’s MicroStrategy, has partnered with SBI VC Trade to launch a Bitcoin-focused shareholder reward program. The company plans to distribute 30 million yen worth of Bitcoin to 2,350 shareholders. This announcement pushed Metaplanet’s stock up by over 6%, surpassing $2,450. The program includes Bitcoin rewards ranging from Â¥10,000 to Â¥100,000, with eligibility requiring shareholders to hold 100+ shares by December 31, 2024, and open accounts with SBI VC Trade. CEO Simon Gerovich emphasized the initiative’s goal to promote Bitcoin adoption in Japan. This move follows Metaplanet’s $62 million fundraising effort to strengthen its cryptocurrency strategy and enhance shareholder engagement.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto News: Bank of Korea Rejects Bitcoin for Foreign Exchange Reserves

The post Crypto News: Bank of Korea Rejects Bitcoin for Foreign Exchange Reserves appeared first on Coinpedia Fintech News The Bank of Korea (BOK) has firmly stated that it has “never

Coinbase’s Government Network Expands—145 US and 29 Global Entities Onboard

Coinbase is deepening ties with 145 US government entities as the nation accelerates bitcoin adoption, signaling unprecedented institutional demand and a seismic shift in crypto policy Coinbase

Ripple News Today: XRP Proposal Aims to Unlock $1.5 Trillion for Bitcoin Reserves

The post Ripple News Today: XRP Proposal Aims to Unlock $15 Trillion for Bitcoin Reserves appeared first on Coinpedia Fintech News After a long legal tug-of-war under Biden’s leadership, Ripple is

Peter Schiff: Bitcoin Could Crash Below $65K if Nasdaq Enters a Bear Market

Bitcoin faces a steep decline if the Nasdaq downturn deepens, warns Peter Schiff, predicting a wave of panic selling that could shake investor confidence and destabilize markets Peter Schiff Predicts

SEC vs Ripple: How Lawsuit Over XRP Could Wrap up in Days

A legal expert has outlined how the SEC’s lawsuit against Ripple over XRP could end within days, but a major hurdle—navigating the court’s injunction—may complicate the

Is The Bitcoin Cycle Peak In? Historical Halving Data Suggests Upside Potential Into Late 2025

Bitcoin is now down over 29% from its all-time high (ATH) in January, and speculation about a coming bear market is growing among investors After weeks of heavy selling pressure, Bitcoin has entered