It was disclosed that Capital Research, a US investment adviser, had become a major shareholder of Meta Planet, which holds Bitcoin, with more than 11% of voting rights. The stake was reported at 11.11% as of the 16th, and a change report was filed with the Kanto Local Finance Bureau on the 23rd.
Meta Planet, a cryptocurrency-holding company, disclosed that Capital Research and Management Company qualified as both a major shareholder and the largest shareholder. Its voting-rights ratio was 11.11% as of the 16th, confirming that it had exceeded 10%.
Capital Research's shareholding increased from 125,455,820 shares as of 8 September to 143,301,084 shares as of the 16th. However, the company noted that care is required when determining the actual number of shares beneficially owned and the number of voting rights, as the figures are based on the details stated in the Large Shareholding Report.
The post-transaction ratio was calculated based on total voting rights of 12,894,494, after deducting the portion acquired as treasury shares from the 13,634,308 voting rights as of 30 September. It was also explained that 739,814 voting rights corresponding to 73,981,400 treasury shares had been excluded.
Large holdings by 3 Morgan Stanley-affiliated companies and 4 Bank of America-affiliated companies were also reported, with the stated purpose of holding being related to securities operations. Meta Planet said that it had provided no specific information on its future outlook.