Investment company Metaplanet has presented an unusual program to reward shareholders. It plans to raffle off bitcoins among them using a lottery. The promotion will take place in cooperation with SBI VC Trade, a subsidiary of the Japanese fintech giant SBI Holdings.

This initiative reflects our commitment to leveraging strategic partnerships to enhance shareholder value while advancing the adoption and use of Bitcoin ,” Metaplanet said in a statement.
Under the program, shareholders who own 100 or more Metaplanet shares will be eligible to receive prizes in bitcoins. Moreover, both private investors and legal entities who opened new accounts with SBI VC Trade from November 18, 2024 to March 31, 2025 can be holders of securities.

In addition, everyone wishing to take part in the lottery will need to register on the company's official website no later than March 31, 2025.

In total, approximately $199,500 worth of Bitcoin will be distributed among Metaplanet shareholders: 50 prizes of $664 in BTC, 100 prizes of $200, and 2,200 prizes of $66.5.

Immediately after the announcement of the Bitcoin raffle among shareholders, the securities of Metaplanet, one of the largest corporate holders of BTC in Asia, rose by 4.58% to $16.

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After a 36% drop in October, NFT sales surged in November, raising $588 million in 30 days.

The sales leader was the token from the Bitcoin-based Uncategorized Ordinal collection, which cost its new owner just over $6 million. Next came Tokenvesting Plan #1109 on Ethereum , sold for $962,278, and in third place was Solana Boogle #076 for $269,314.

Ethereum-based NFTs led the way with $218.83 million in sales, while Bitcoin-based NFTs rose to $188.05 million, significantly surpassing October's $69.6 million. Solana recorded $83.24 million, while Polkadot's Mythos sales topped $25 million. Immutable NFTs weren't far behind, raising $24.17 million.

The five networks listed dominated the NFT market in November, taking in a total of $539.29 million out of the total $588 million. The top earner was Bitcoin 's BRC20 NFT , which brought in a total of $72.85 million. Ethereum's Cryptopunks came in second with $49.78 million in sales, followed by Mythos' Dmarket with $24 million.

Despite the dips, blue chips based on Ethereum and Ronin continue to hold top positions. For example, Ronin’s Axie Infinity boasts a whopping $4,281,254,670 in lifetime sales, while Bored Ape Yacht Club (BAYC) has amassed $3,216,840,722. Cryptopunks has $2,946,922,636 in sales.

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The growth of the memecoin's capitalization occurred against the background of increased activity of the American billionaire Elon Musk, who periodically mentions Dogecoin in X (formerly Twitter (NYSE: TWTR )) and during public speeches. The memecoin was given impetus by the news of the creation of the Department of Government Efficiency (DOGE) in the United States, which will be headed by Musk.

The activity around the new department is fueling user and investor interest in the coin due to its similar acronym, Cointelegraph noted.

An additional catalyst for the asset's growth was the news that Valour announced the launch of the first Dogecoin-based exchange-traded product in Sweden. According to the company's management, the initiative ensures that investors will have a way to acquire the asset without buying it directly.

The GMCI Meme index has grown by 90% in a month, mainly due to the listings of such memecoins as PEPE and WIF on the Coinbase (NASDAQ: COIN ) and Robinhood (NASDAQ: HOOD ) platforms.

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