Metaplanet will offer 30 million yen in Bitcoin rewards to qualified shareholders

Japanese listed company Metaplanet and SBI Holdings subsidiary SBI VC Trade have jointly provided more details of their shareholder welfare plan, which aims to provide shareholders with added value through Bitcoin-related rewards. CEO Simon Gerovich pointed out: "This program is part of our plan to provide Bitcoin for free so that more people in Japan can experience Bitcoin." Specifically, Metaplanet will distribute 30 million yen (about $200,000) 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 set some eligibility criteria for shareholders to receive these rewards: Shareholders must hold at least 100 Metaplanet shares as of December 31, 2024; Eligible participants must open a new account with SBI VC Trade between November 18, 2024 and March 31, 2025; Registration for the event must be completed by March 31, 2025, using the details provided by Metaplanet in early February; Minors and non-residents are not eligible. The company also announced that Bitcoin will be deposited into eligible SBI VC Trade accounts by the end of April 2025, and the allocation amount will be based on the SBI VC Trade Bitcoin buy price at 11:59 pm on April 15, 2025. (CoinGape) Previously, Metaplanet announced plans to raise up to 9.5 billion yen (about 62 million U.S. dollars) through new share subscription rights to accelerate Bitcoin accumulation.