Metaplanet

Metaplanet is a Japanese publicly traded company that holds bitcoin as its primary treasury asset, and it is launching a U.S. subsidiary focused on a bitcoin treasury strategy.

Why it’s in the news: It is in the news due to its significant accumulation of bitcoin, a controversial executive payout plan, and the subsequent shareholder backlash and management changes.

Latest on Metaplanet

• Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC
• Metaplanet directors push back against shareholder fury over a controversial executive payout plan
• Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value
• Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
• Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal
• Bitcoin's biggest holders, Strategy and Metaplanet, are betting on math, not price

Connections

5 entities linked to Metaplanet across the news graph.