Tokyo-listed Metaplanet has launched an innovative shareholder incentive program, offering Bitcoin rewards via a lottery system as part of its partnership with SBI VC Trade, a subsidiary of SBI Holdings. The initiative, announced on December 2, aims to enhance shareholder value while promoting Bitcoin adoption.
In an X post, Metaplanet outlined that the program seeks to “provide Bitcoin-related benefits” to shareholders, reflecting the company’s ongoing commitment to strategic partnerships in the cryptocurrency space.
Eligibility and Lottery Details
Under the new program, Metaplanet shareholders who own at least 100 shares as of December 31 will be eligible for Bitcoin rewards. Additionally, individuals and corporations who open new accounts with SBI VC Trade between November 18 and March 31, 2025, can also take part in the lottery. To participate, applicants must register through a dedicated website before the March 31, 2025 deadline.
Metaplanet will distribute a total of 30 million yen (approximately $199,500) in Bitcoin to 2,350 lucky shareholders. The rewards will be distributed as follows:
- 50 prizes of 100,000 yen (about $664) worth of Bitcoin
- 100 prizes of 30,000 yen (around $200) worth of Bitcoin
- 2,200 prizes of 10,000 yen (roughly $66.50) worth of Bitcoin
The company emphasized that the initiative highlights its commitment to leveraging crypto partnerships to boost shareholder value and foster broader Bitcoin adoption.
Market Impact
The announcement of Metaplanet’s collaboration with SBI VC Trade has already had a positive impact on the company’s stock, with Metaplanet shares (MTPLF) rising by 4.58% to $16, according to data from OTC Markets Group.
Expansion Plans
The Bitcoin reward program is just one part of Metaplanet’s broader strategy to deepen its involvement in the cryptocurrency space. Recently, the company revealed plans to raise $62 million through a series of stock acquisition rights to EVO Fund, with the proceeds earmarked for expanding its Bitcoin holdings as part of its treasury management strategy.
In a press release issued on November 28, Metaplanet detailed its plan to issue 29,000 units, each granting EVO Fund the right to purchase 100 common shares at a price of 614 yen per share, totaling 17,806,000 yen in issuance value.
By combining strategic partnerships, shareholder rewards, and increased Bitcoin holdings, Metaplanet is positioning itself as a forward-thinking player in the cryptocurrency and investment sectors.
