Japanese listed company Metaplanet and SBI Holdings subsidiary SBI VC Trade provide more details about its shareholder benefit plan, which aims to offer additional value to shareholders through Bitcoin-related rewards. CEO Simon Gerovich stated, "This program is part of our free Bitcoin initiative so that more people in Japan can experience Bitcoin."
Specifically, Metaplanet will distribute 30 million yen (approximately 200,000 USD) in Bitcoin rewards to its 2,350 shareholders. Among them, 50 winners will each receive Bitcoin worth 100,000 yen, 100 winners will each receive Bitcoin worth 30,000 yen, and 2,200 winners will each receive Bitcoin worth 10,000 yen. Meanwhile, Metaplanet has established some eligibility criteria for shareholders to obtain these rewards:
As of December 31, 2024, shareholders must hold at least 100 shares of Metaplanet stock;
Eligible participants must open a new account at SBI VC Trade between November 18, 2024, and March 31, 2025;
Activity registration must be completed by March 31, 2025, using the details provided by Metaplanet in early February;
Minors and non-residents are not eligible to participate.
The company also announced that it will deposit Bitcoin into eligible SBI VC Trade accounts by the end of April 2025, with the allocated amount based on the SBI VC Trade Bitcoin buy price as of 11:59 PM on April 15, 2025. (CoinGape)
In previous news, Metaplanet announced plans to raise up to 9.5 billion yen (approximately 62 million USD) through new stock subscription rights to accelerate Bitcoin accumulation.