Bitcoin Updates: Metaplanet's Dual Shares Combine Earnings with Bitcoin Growth Potential
- Tokyo-listed Metaplanet raises ¥21.2 billion via Class B perpetual preferred shares to accelerate Bitcoin acquisitions and stabilize capital. - The "MERCURY" shares offer 4.9% fixed dividends and conversion rights, complementing senior "MARS" shares in a dual-tier structure. - Funds will allocate ¥15 billion to Bitcoin purchases, debt repayment, and infrastructure, positioning Metaplanet as Asia's top corporate Bitcoin holder. - The move follows MicroStrategy and Strive , marking Metaplanet as third Bitc
Metaplanet Inc., listed on the Tokyo Stock Exchange, plans to secure as much as ¥21.2 billion (approximately $135 million) by issuing new Class B perpetual preferred shares. This initiative is intended to boost its
The newly issued shares are part of a dual-layer preferred equity system introduced by Metaplanet. The top tier, "MARS," consists of Class A preferred shares with dividends that adjust in response to share price changes,
The share issuance awaits approval from shareholders at a meeting set for December 22, 2025.
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