Metaplanet Announces 10:1 Stock Split on April 1
according to CoinDesk, the Japanese Bitcoin company Metaplanet announced that it will conduct a 10:1 stock split on April 1, 2025. This decision was made against the background of a 3,900% increase in the company's stock price, with the aim of reducing the minimum investment cost and improving market liquidity. Metaplanet has been buying Bitcoin since April 2024 and has accumulated 2,031 Bitcoins, valued at nearly $200 million. These Bitcoin purchases have been a major factor in the company becoming the best-performing Japanese stock in the past 12 months. The company stated that the stock split will help alleviate investors' financial burden, expand the investor base, and strengthen connections with a wider range of shareholders.
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