CandleFocus Japan’s Metaplanet to reward shareholders with Bitcoin for holding stock
2024-12-02
Author: Content Editor
Tokyo-based company Metaplanet has announced a new shareholder benefit program in collaboration with SBI VC Trade. The program will distribute Bitcoin rewards to shareholders through a lottery system and aims to enhance shareholder value and promote the adoption of Bitcoin. Shareholders holding at least 100 shares will be eligible for Bitcoin prizes, and new accounts opened with SBI VC Trade are also eligible. A total of 30 million yen ($199,500) worth of Bitcoin will be distributed to 2,350 shareholders. Metaplanet's shares increased by 4.58% following the announcement. The company also recently announced plans to raise $62 million for expanding its Bitcoin holdings.
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