MetaPlanet focused BitCoin-focused 8% of how Split stocks announces

MetaPlaneta shares fell over 8% after the Japanese firm announced a 10 for 1 to improve liquidity.

Japanese Investment firms The action of metaplanetova fell 8.41% on the via-counter markets after the company announcement. The decline came after the board approved the move to increase the number of shares and reduced the price per unit.

At 18. February noticeMetaPlanet said that stock is divided to improve liquidity and expand the investor base.

“(…) We have decided to keep actions to reduce the price per trading unit, thus improving liquidity, expanding our investor base and strengthen our relationship with a wider shareholder spectrum.”

MetaPlanet

The decision comes after a reverse part in August 2024. year, which consolidated 10 shares into one. Since then, the price price increased, making it costly that investors buy, explains MetaPlanet. As a cripto.news export Earlier, MetaPlanet has become the warmest stocks of Japan, listing 3,600% after turning to Bitcoin. With 1,762 bitcoin (Btc) And brave 21,000 BTC target, it is a top BTC game Asia.

To lower the entry barrier, the company now wants to share each share in 10, in force 1. April. Shareholders recorded from 31. Marta will receive additional actions. The move will increase the total number of shares issued with about 39 million to almost 392 million, per notice.

The price of exercise for the rights of acquisitions will also be adapted to displaced. For example, the price for 13. to 17. Series The rights of procurement shares will be reduced from 5,555 yen to 556 yen. MetaPlanet noticed that Split stock will not change its capital.