Key Points:

• Metaplanet will perform a 10-for-1 stock split effective April 1.
• This action follows a remarkable 3,900% increase in stock value, intended to reduce the minimum investment cost and boost market liquidity.

Overview

After experiencing a staggering rise in its share price by acquiring Bitcoin, Metaplanet has announced a plan for a stock split set to take place on April 1.

The Tokyo-based company began investing in Bitcoin in April 2024 and has since accumulated 2,031 tokens, valued almost at $200 million. This strategic move has made Metaplanet the best-performing Japanese stock over the last year, registering a 3,900% gain.

This price increase has resulted in a significant financial challenge for investors. The firm stated:

“To address this, we have decided to conduct a stock split to lower the price per trading unit, thereby improving liquidity, expanding our investor base, and strengthening our connection with a broader range of shareholders.”