Metaplanet Rewards Shareholders With 30 Million Yen Worth Bitcoins

• Metaplanet plans to distribute BTC worth 30 million yen to its shareholders. 
• The reward program will be carried out in collaboration with SBI VC Trade. 

A Japanese firm popular for BTC acquisition, Metaplanet is planning to reward its shareholders with Bitcoins worth 30 million yen in collaboration with Japan crypto exchange SBI VC Trade. Metaplanet is often called Japan’s Microstrategy, referring to its Bitcoin acquisition similar to Microstrategy. 

Driving Bitcoin Adoption With BTC Giveaway Campaign

As per the official announcement from SBI VC Trade, a consolidated subsidiary of SBI Holdings, Metaplanet and SBI crypto exchange are holding a BTC give away campaign worth 30 million yen. This campaign is conducted to promote Bitcoin adoption so that more Japanese people can experience BTC. 

Metaplanet and SBI VC Trade have been partnering since September this year, especially in BTC trading, storage, and management. With this new BTC giveaway campaign, both of the firms are strengthening their partnership.

Metaplanet will distribute the total 30 million yen Bitcoins to its 2,350 shareholders. Out of them, 50 winners will get 100k yen worth of Bitcoin each and 100 winners will get 30,000 yen worth of Bitcoin each. The remaining 2,200 winners will receive 10,000 yen worth of Bitcoin rewards. 

To receive BTC in this campaign, customers should meet eligible conditions such as they must be shareholders of Metaplanet with at least one unit, 100 shares, as of December 2024. Also, customers should complete their entry on the campaign website by March 2025. All the individuals and shareholders who opened an account between 18 Nov 24 and 31 March 25 are also eligible. 

Metaplanet’s Bitcoin Acquisition Strategy

Metaplanet falls into the category of firms that believe in Bitcoin acquisition. Similar to how Microstrategy keeps on accumulating Bitcoins to add to its treasury, Metaplent also purchases Bitcoins. 

It recently raised $62 million by offering the Moving Strike Stock Acquisition Rights to purchase more Bitcoins. With this recent purchase of Bitcoins, Metaplanet’s total BTC holdings amounted to 1,100 BTC. 

Metaplanet announced its large amounts of Bitcoin purchases multiple times this year. When it acquired 107 Bitcoin in October, 2024, the Metaplanet shares price increased by 16%. With its continuous Bitcoin purchases and being called Japan Microstrategy, Metaplanet is drawing attention as Asia’s first Bitcoin Treasury Company. 

On another note, SBI VC Trade is making headlines for planning to obtain assets from Japan crypto exchange DMM Bitcoin as part of its liquidation. Adding to this, the collaboration with Metaplanet is helping SBI VC Trade to emerge as one of the top crypto exchange firms in Japan. 

Highlighted Crypto News Today:

Michael Saylor Advocates for Bitcoin Adoption to the Microsoft Board