‘Asia’s MSTR’ Metaplanet Meets Chart Level That Could Make Or Break It
Metaplanet Inc. (OTCQX:MTPLF) enters Q4 under the spotlight, with investors weighing a December shareholder meeting and bullish commentary from Strategy‘s (NASDAQ:MSTR) Michael Saylor against persistent technical weakness on the charts.
Extraordinary General Meeting Set For December
On Oct. 8, Metaplanet announced plans to hold an Extraordinary General Meeting (EGM) on Dec. 22, with Oct. 24 as the record date for shareholder eligibility.
The board described the fourth quarter as “a critical period” for advancing its corporate vision.
While the agenda remains undisclosed, the timing signals possible updates on balance sheet management, capital allocation, or expansion within Japan’s emerging digital asset sector.
Market participants are closely watching whether management outlines a clearer strategic path to monetize its growing Bitcoin (CRYPTO: BTC) exposure or launch new financial products.
Michael Saylor Sees Billion-Dollar Bitcoin Opportunity In Japan
In a recent interview with Bitcoin Magazine last week, Strategy executive chairman Michael Saylor described Metaplanet as …
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