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2025-11-04 21:15:54
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2025-11-04 21:15:55
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Metaplanet proposes $3.7B preferred stock issuance to support Bitcoin accumulation strategy - CoinNess
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Metaplanet, a Japan-listed company known for adopting Bitcoin as a core treasury asset, announced on X that it will hold an extraordinary general meeting (EGM) to propose the issuance of perpetual preferred shares. In line with this, the firm has filed a ¥555 billion ($3.7 billion) shelf registration for potential issuance. Metaplanet has previously outlined its plan to accumulate 210,000 BTC by 2027.
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