OTC Markets Group Welcomes Metaplanet Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group announced that Metaplanet Inc. (TSE: 3350; OTCQX: MTPLF), Japan's first publicly traded company on a Bitcoin standard, has qualified to trade on the OTCQX® Best Market. The company began trading under the symbol 'MTPLF' on December 19, 2024. This upgrade provides transparent trading for U.S. investors and allows the company to utilize home market reporting standards. As Asia's only dedicated Bitcoin Treasury Company, Metaplanet aims to enhance shareholder value while advancing global Bitcoin adoption.

Positive

• Uplisting to OTCQX Best Market expands access to U.S. investors
• Company meets high financial standards required for OTCQX qualification
• Streamlined reporting process through home market standards

Negative

• None.

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Metaplanet Inc. (TSE: 3350; OTCQX: MTPLF), Japan's first publicly traded company on a Bitcoin standard, has qualified to trade on the OTCQX^® Best Market.

Metaplanet Inc. begins trading today on OTCQX under the symbol “MTPLF.” This marks an important milestone as the company expands access to global investors and reinforces its mission to drive Bitcoin adoption. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

“We are thrilled to begin trading on the OTCQX Market, enabling greater access for U.S. investors to participate in Metaplanet's journey,” said Simon Gerovich, President of Metaplanet. “As Asia’s only dedicated Bitcoin Treasury Company, this step reflects our commitment to advancing Bitcoin adoption globally while enhancing shareholder value.”

About Metaplanet Inc.
Metaplanet is Asia's first publicly traded company on a Bitcoin standard, focused exclusively on a Bitcoin Treasury strategy. Its core performance metric is the growth in Bitcoin per fully diluted share, reflecting a disciplined approach to maximizing Bitcoin holdings and delivering long-term shareholder value. Leveraging Japan's low cost of capital and stable interest rates, Metaplanet strategically raises capital to accelerate Bitcoin accumulation, reinforcing its leadership in Bitcoin-centric corporate finance and its commitment to advancing Bitcoin adoption in Asia.

For more information, visit: www.metaplanet.jp
For media inquiries, contact: media@metaplanet.jp 

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX^® Best Market, OTCQB^® Venture Market and Pink^® Open Market.

Our OTC Link^® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

FAQ

When did Metaplanet Inc. (MTPLF) begin trading on the OTCQX Market?

Metaplanet Inc. began trading on the OTCQX Market on December 19, 2024, under the symbol MTPLF.

What are the requirements for Metaplanet to maintain OTCQX listing?

To maintain OTCQX listing, Metaplanet must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

How does Metaplanet's OTCQX listing benefit U.S. investors?

The OTCQX listing provides U.S. investors with transparent trading, access to financial disclosures, and Real-Time Level 2 quotes through www.otcmarkets.com.

What makes Metaplanet unique in the Asian market?

Metaplanet is Japan's first publicly traded company on a Bitcoin standard and Asia's only dedicated Bitcoin Treasury Company.