Metaplanet is making waves with its latest announcement - rewarding shareholders with 30 million yen worth of Bitcoin (BTC). This move has sent the company's stock soaring by 6%.¹

As part of this initiative, Metaplanet has partnered with SBI VC Trade to launch a shareholder benefit program. This program will distribute BTC worth 30 million yen to approximately 2,350 shareholders. The company's CEO, Simon Gerovich, emphasized Metaplanet's commitment to integrating Bitcoin into its operations and promoting BTC adoption.

This development is the latest in Metaplanet's strategic pivot towards Bitcoin. The company has been actively expanding its Bitcoin treasury, with a recent purchase of 57.273 BTC valued at approximately $3.4 million.² Metaplanet's Bitcoin yield has reportedly grown 186.9% from October 1 to November 19 this year.

With this latest announcement, Metaplanet's stock is expected to continue its upward trend. The company's shares have already surged 1,334% year-to-date, with a daily turnover of 21.9 billion yen ($141.7 million) recorded on Tuesday.