Metaplanet announces a 10:1 stock split on April 1st

According to CoinDesk, Japanese Bitcoin company Metaplanet announced that it will conduct a 10:1 stock split on April 1, 2025. This decision was made against the backdrop of a 3900% increase in the company's stock price, with the aim of reducing the minimum investment cost and improving market liquidity. Metaplanet has been purchasing Bitcoin since April 2024 and has accumulated 2031 bitcoins with a market value of nearly $200 million. These Bitcoin purchases are the main factor that has made the company the best performing Japanese stock in the past 12 months. The company stated that the stock split will help alleviate the financial burden on investors, expand the investor base, and strengthen connections with a wider range of shareholders.