Metaplanet, a Japanese company that invests heavily in Bitcoin, recently announced a big change! They're splitting their stock, which means each share will become ten shares. This is like cutting a pizza into more slices – each slice is smaller, but you have more of them.
- They did this to make it easier and cheaper for more people to buy their stock.
- The stock price went down a bit after the announcement because of this change.
- Metaplanet wants to own 21,000 Bitcoins, a huge amount!
| Fact | Number |
|---|---|
| Percentage stock price drop | 8.41% |
| Number of shares (after split) | ~392 million |
| Metaplanet's Bitcoin target | 21,000 |
| Current Bitcoin holdings | 1,762 |
While the price dropped after the announcement, Metaplanet is still aiming big in the Bitcoin world!
