BBX: Metaplanet excluded from S&P Japan index, Bitcoin shareholder reward program, and Twenty One Capital CEO refutes zeroing theory

BBX News: Yesterday, two Bitcoin Treasury listed companies responded to the market pressure brought by the downward trend in Bitcoin prices in completely different ways; The two companies chose to take the initiative rather than remain silent in the same market headwinds, jointly presenting the core strategy of Bitcoin Treasury Enterprise in bear market narrative management. Core points: ——Metaplanet Inc. (Eastern Stock Exchange: 3350): It was removed from the S&P Japan Mid Cap 100 during the June 22 rebalancing of the S&P Dow Jones Index; In the past month, the decline was about 21% to 24%, and the year to date decline was about 44% to 47%; On the same day, it was announced that it would collaborate with Coincheck to launch Bitcoin shareholder rewards: 50 shareholders would each receive 100000 yen worth of Bitcoin, 1500 shareholders would each receive 10000 yen worth of Bitcoin, and June 30th would be the registration reference date; Currently holding 40177 BTC, still the largest listed Bitcoin holder in Asia; Simultaneously advancing the acquisition of Siiibo Securities and expanding the Bitcoin related financial product line. ——Twenty One Capital (Nasdaq: $XXI): CEO Jack Mallers publicly responded to Dave Portnoy's "Bitcoin Zero" remarks on June 24th, citing various "moments of death" such as the closure of the Silk Road, the collapse of Mt. Gox, and FTX thunderstorms to refute them; Currently holding approximately 43514 BTC, making it the second largest Bitcoin holding among global listed companies; Operating as a 'pure Bitcoin native company', developing Bitcoin education content and institutional financial tools under its umbrella; Listed through the merger of SPAC and Cantor Equity Partners. Source: bbx.com