The post Just-In: Metaplanet Announces General Meeting, Bitcoin Treasury Stock Tumbles appeared on BitcoinEthereumNews.com.

Japan-based Bitcoin treasury firm Metaplanet just announced a record date for convening an extraordinary general meeting of shareholders. Notably, Metaplanet (MTPLF) stock tumbled significantly in the last hour of trading on Wednesday. The stock failed to hold the recent rebound as Bitcoin price slipped to $121K level. The firm holds 30,823 BTC in its corporate treasury. In an official announcement on October 8, Metaplanet revealed that its board of directors has taken a key decision regarding the Extraordinary General Meeting of Shareholders. The board set October 24 as the record date for the meeting. This will determine the shareholders who will become eligible to use their voting rights in key decisions of the firm, including purchasing Bitcoin. The Extraordinary General Meeting of Shareholders is scheduled for December 22, 2025. The company reported significant growth in its third-quarter results, earning 2.44 billion JPY in Bitcoin income revenue. This marked a 115.7% rise compared with the previous quarter. Operating profit also increased, beating analysts’ forecasts by 88%. CEO Simon Gerovich said its balance sheet is almost debt-free, with leverage below 1%. The company also expanded its total Bitcoin holdings to 30,823 BTC worth over $3.33 billion. It became the fourth-largest corporate Bitcoin treasury, according to Bitcoin Treasuries data. The firm has achieved a yield of 497.1% year-to-date through an aggressive Bitcoin accumulation strategy while prioritizing long-term purchases. Metaplanet stock price closed more than 8% lower at 574 JPY on Wednesday. The major drop happened in the last trading hours with massive trading volume. The 24-hour low and high were 564 and 595 JPY. Also, the 24-hour trading volume was higher than the average volume of almost 46 million. Metaplanet Stock Price Chart Source: Yahoo Finance As per Yahoo Finance, the stock price climbed more than 12% in a week amid Bitcoin rally to…

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Filed under: News - @ October 8, 2025 12:26 pm