“Japanese MicroStrategy” Unveils Bitcoin Reward Program

Bitget App

Trade smarter

Bitget

News

Cryptodnes2024/12/02 23:33

By:Cryptodnes

Metaplanet, often called Japan’s MicroStrategy, has partnered with SBI VC Trade to launch a Bitcoin-focused shareholder reward program, offering 30 million yen in Bitcoin.

The announcement caused the company’s stock to rise by over 6%, surpassing $2,450. This initiative is part of Metaplanet’s strategy to promote Bitcoin adoption and enhance shareholder value.

The reward program, first introduced in 2018, will distribute Bitcoin to 2,350 shareholders based on their holdings. 50 winners will receive ¥100,000 in Bitcoin, 100 will get ¥30,000, and 2,200 will receive ¥10,000 each.

Shareholders must own at least 100 shares by December 31, 2024, and open an SBI VC Trade account by March 31, 2025. Bitcoin will be credited to accounts in April 2025, with the amount based on the Bitcoin price at that time.

Expert Breaks Down Risks of MicroStrategy’s Bitcoin Investment Plan

Metaplanet’s stock has surged 1,360% this year, largely due to its Bitcoin investment strategy. Analysts expect the stock to reach ¥3,000, matching its May highs. The company is focused on expanding Bitcoin adoption and offering further opportunities for its shareholders.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14