Metaplanet Announces Stock Split to Boost Liquidity and Investor Access

Highlights:

• Metaplanet will split each share into 10 to lower prices and expand its investor base.
• The stock split will increase issued shares from 39 million to 392 million.
• Metaplanet acquired 269 Bitcoin worth $26 million, and the firm now holds 2,031 Bitcoin.

Japanese investment firm Metaplanet announced a stock split in order to increase liquidity and potentially attract more investors. The announcement comes after its stock price spiked following a reverse stock split in August 2024. Effective April 1, 2025, the company will split each common share into ten shares.

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*Notice Regarding Stock Split* pic.twitter.com/WV89csrDZS

— Metaplanet Inc. (@Metaplanet_JP) February 18, 2025

The company added that the minimum investment cost was too high for many investors, and it had become a financial burden because the stock price was more than 500,000 yen. Metaplanet wants to expand the company’s investor base and deepen shareholder relationships by dropping the price per trading unit.

The stock split will apply to shareholders recorded as of March 31, 2025. The total number of issued shares will approximately increase from 39.2 million to about 391.7 million as each share will be split into 10 existing shares. The company believes that this move would increase liquidity and generate more market participation.

Impact of the Stock Split on Share Structure

This stock split will result in a significant increase in the number of shares issued. Currently, there are a total of 39,168,334 outstanding shares. The number will rise to 391,683,340 shares upon the split, increasing by 352,515,006 shares. The number of authorized shares will be set exactly after the Annual General Meeting on March 24, 2025.

Metaplanet will also adjust the exercise price under stock acquisition rights. The price of stock acquisition rights will be reduced in the 13th to 17th series. The exercise price of 5,555 yen in the current exercise will fall to 556 yen. Additionally, the minimum exercise price will drop from 2,555 yen to 256 yen. The stock split and these changes will occur on April 1, 2025.

Metaplanet has also boosted its holdings of Bitcoin in addition to the stock split. The company bought 269 Bitcoin yesterday for 4 billion yen, taking the total amounting to 2,031 BTC. On average, they spent about 12.24 million yen per Bitcoin. CEO Simon Gerovich stated, “We have completed the first Bitcoin purchase of 2025. We believe this year will be an important one for our company. After a long break, we are glad to resume acquiring Bitcoin.”

*Metaplanet purchases additional 269.43 $BTC* pic.twitter.com/gIkpqVdALK

— Metaplanet Inc. (@Metaplanet_JP) February 17, 2025

Future Plans and Market Response

Following the stock split announcement, Metaplanet’s shares fell by 8.41% on over-the-counter markets. Investors reacted to the increase in the number of shares, which can sometimes lead to short-term volatility. The company remains confident that the stock split will benefit shareholders in the long run.

Metaplanet’s board will finalize the total number of authorized shares at the Annual General Meeting on March 24, 2025. The stated capital of the company will not change as a result of the stock split. Additionally, the firm is looking at its shareholder benefit program and will announce specifics when finalized.

The company plans to attain 10,000 BTC by the end of this year and 21,000 BTC by 2026. Metaplanet will raise 116 billion yen by issuing 21 million shares to support this goal. The shares will be available on a 0% discount moving strike warrant structure.

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