Keynote
Metaplanet will increase the total shares to 392 million with 10 share splits for one share. The company sees the move as a viable way to increase shareholder value over the long term.
Metaplanet, a major Japanese investment company, has made a major decision on its inventory structure. According to a recent announcement, the company has announced plans for a 10-1 stock split.
The move aims to improve capital, reduce investor entry costs and expand shareholder bases. Following the announcement, Metaplanet stocks fell by more than 8%. This sale is the opposite of what analysts hoped for.
The reason behind the Metaplanet Stock split
Metaplanet’s board of directors splits the company’s shares into making them more affordable for investors. The aim is to increase the number of shares available, lower the price per share, and make it easier for more people to invest.
It is also a way to increase the liquidity of the company. The split will come into effect on April 1, 2025, and anyone who owns shares in the company by March 31, 2025 will be eligible for additional shares.
The decision comes after the reverse stock split in August 2024, when the company reduced 10 shares to one share. After that move, stock prices rose, raising concerns that the company’s stocks were too high for many investors.
This has led the board to approve a 10-1 stock split. Metaplanet is trying to make investment easier by lowering the stock price. Metaplanet’s stock split will significantly change the number of shares available on the market.
After the inventory is split, the total number of shares in circulation increases from about 39 million to about 392 million. This change will make more stocks available, making it easier to trade stocks.
Additionally, the price of certain share acquisition rights will drop significantly. For example, the price of stock rights in some series ranges from 5,555 yen to 556 yen. However, Metaplanet has made it clear that the stock split will not change the company’s capital.
This means that the split itself does not affect the value of the company. Despite the intention behind the stock split, the company’s shares fell 8.41% in the commercial trading market.
This surprised investors who might have expected an opposite effect: a rise in stock prices. The drop shows that not everyone is sure that stock splits will have a positive effect any time soon.
A sustained focus on Bitcoin
Metaplanet is in the spotlight for its investment in Bitcoin
BTC
$88 262
24-hour volatility:
3.8%
Market Cap:
$1.75 t
Vol. 24H:
$31.07 b
. Recently, Coinspeaker reported that Japanese companies have made a significant move with acquiring 269.43 BTC. This is the current price worth $26.3 million.
This latest purchase brings the company’s total Bitcoin holdings to over 2,000 BTC. Since pivoting to Bitcoin, the company’s stocks have skyrocketed, up 3,600%. The company also raised millions of dollars through regular bond issuances to strengthen its Bitcoin strategy
Coinspeaker emphasized that he was a real estate-centric company and became one of Japan’s top Bitcoin players. With a bold vision and a clear focus on cryptocurrency, the company is looking to establish itself as a major player in Asian financial markets.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who writes about real-life applications of blockchain technology and innovation, promoting general acceptance and global integration of emerging technologies worldwide. His desire to educate people about cryptocurrency inspires his contributions to well-known blockchain media and sites.
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