The Japanese version of micro-strategy has another surprising move! MetaPlanet joins hands with SBI VC Trade to airdrop 30 million yen in Bitcoin to holders

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ABMedia
12-03
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Dubbed the "Japanese MicroStrategy," MetaPlanet has recently made a surprising move. In a statement released on December 2, MetaPlanet has collaborated with SBI VC Trade, a subsidiary of SBI Holding, to airdrop up to 30 million Japanese yen worth of BTC to investors who have opened an account with SBI VC Trade and hold MetaPlanet stocks. However, prior to the deadline, MetaPlanet's stock price has actually declined by 1.8%.

Foreign nationals cannot participate in the MetaPlanet shareholder benefit program

The shareholder benefit program between MetaPlanet and SBI VC Trade is primarily to distribute a total of 30 million Japanese yen worth of BTC to 2,350 qualified shareholders. The qualified shareholders are defined as those who meet the following criteria:

  • Hold at least 1 trading unit (100 shares) of Metaplanet stock by December 31, 2024.
  • Individuals or corporations who opened a new account with SBI VC Trade during the period from November 18, 2024 to March 31, 2025.

In early February 2025, a registration link will be sent to the qualified shareholders via email, and they must complete the registration on the dedicated website to participate in the benefit program. However, it is worth noting that SBI VC Trade does not allow minors and non-Japanese citizens to open accounts, so Taiwanese holders of MetaPlanet will not be able to participate in this program.

Individuals can receive up to 100,000 Japanese yen worth of BTC

Specifically, MetaPlanet and SBI VC Trade will distribute a total of 30 million Japanese yen worth of BTC to 2,350 qualified shareholders through a lottery system, with the following distribution:

  • 100,000 Japanese yen worth of BTC: 50 winners
  • 30,000 Japanese yen worth of BTC: 100 winners
  • 10,000 Japanese yen worth of BTC: 2,200 winners

The winning BTC will be deposited into the winners' SBI VC Trade accounts by late April 2025. The distribution amount will be calculated based on the SBI VC Trade buy-in price as of 11:59 PM on April 15, 2025.

MetaPlanet is dubbed the "Japanese MicroStrategy," with its behind-the-scenes driver being Sora Ventures, headquartered in Taipei 101. The company is also considered one of the best-performing stocks in the Japanese market this year.

(Buying BTC for 1 billion yen, Japanese stock Metaplanet surges nearly 90%! Sora Ventures takes over to build an "Asian MicroStrategy")

The other collaborating company, SBI VC Trade, is also one of the traditional companies actively developing cryptocurrency business, with its parent company SBI Holding having multiple industry collaborations, including a strategic partnership with MetaPlanet in September.

(Japanese version of MicroStrategy, Metaplanet, collaborates with SBI, making its BTC financial strategy more compliant)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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