
Bitcoin.com News|Feb 18, 2025 07:32
🇯🇵 On February 18, 2025, Metaplanet, a Japanese Bitcoin-standard company, announced a stock split to enhance liquidity and broaden its investor base.
Effective April 1, 2025, each share of common stock will be split into 10 shares, following a significant rise in stock price after a reverse split in August 2024.
With the minimum purchase price exceeding 500,000 yen, this move aims to alleviate financial burdens for investors.
The total issued shares will increase from approximately 39.2 million to about 391.7 million, and adjustments will be made to the exercise prices for certain stock acquisition rights.
The company will finalize the total number of authorized shares after its Annual General Meeting on March 24, 2025.
Share To
HotFlash
APP
X
Telegram
CopyLink