Capital Research Raises Metaplanet Voting Stake To 11.11%
TL;DR: Capital Research and Management’s reported Metaplanet voting stake reached 11.11% as of October 16. Both a larger holding and a share buyback affected the percentage. Metaplanet has disclosed that Capital Research and Management crossed the 10% voting-rights threshold, based on an investor report. The company’s October 23 notice puts the investment adviser’s reported position at 143,301,084 shares as of October 16, equivalent to 11.11% of voting rights. The September 8 comparison showed 125,455,820 shares and a 9.32% stake. The two snapshots show 17,845,264 additional reported shares. That arithmetic does not date individual trades or establish a new corporate Bitcoin purchase. Both Sides Of The Ownership Calculation Changed The percentage also reflects treasury shares acquired in Metaplanet’s October 14 buyback, which reduced the voting-rights denominator.
Read the full story on NewsBTCBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to NewsBTC.





