Metaplanet's stock declined by 5% in Tokyo trading following Capital Group's acquisition of an 11.45% stake, making it the largest shareholder. The investment, valued at $500 million, was disclosed in a filing on September 25, revealing Capital Group's ownership of 129,918,500 shares, surpassing National Financial Services.
Metaplanet confirmed that the stake increase was an active investment decision and stated that there would be no changes to its strategic direction or its Bitcoin holdings, which currently stand at 25,555 BTC, valued at nearly $3 billion.
Metaplanet Shares Dip 5% as Capital Group Acquires Major Stake
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