Metaplanet Announces 10-for-1 Stock Split Effective April 1, 2025

Metaplanet, a Japanese investment firm, announced a 10-for-1 stock split to improve capital, lower entry costs, and expand its shareholder base. Following the announcement, the stock dropped over 8%. Key details include:

The stock split aims to make shares more affordable and increase liquidity.
Effective April 1, 2025; shareholders as of March 31, 2025, will receive additional shares.
Post-split, total shares will rise from approximately 39 million to nearly 392 million.
Stock acquisition rights prices will decrease significantly, e.g., from 5,555 yen to 556 yen.
The split does not impact the company's overall capital or value.
Despite expectations of a price increase, shares fell by 8.41% in after-hours trading.

Metaplanet has shifted focus to Bitcoin investments, acquiring 269.43 BTC valued at $26.3 million, bringing total holdings to over 2,000 BTC. This pivot has resulted in a stock increase of 3,600%. The company aims to solidify its position in the Asian financial market through its cryptocurrency strategy.