Do not sell Bitcoin, sell "Bitcoin interest": Metaplanet's first preferred stock focuses on overseas institutional vaults.The Japanese listed company, Metaplanet, the largest institutional holder of Bitcoin in Asia, successfully passed a significant capital structure reform plan this Monday. The company’s shareholders approved all five proposals, with core content including a substantial increase in the number of authorized preferred shares, the introduction of a new floating dividend mechanism, and for the first time, explicitly opening the issuance of Class B preferred shares to overseas institutional investors. This series of initiatives marks a shift in Metaplanet's financing strategy from purely equity dilution growth to a hybrid financing model that aligns more with traditional capital markets and emphasizes cash flow returns. As of the time of writing, Metaplanet holds approximately 30,823 Bitcoins, valued at about $2.75 billion based on current prices, and its strategic transformation provides innovative structured tools for global institutional allocation of Bitcoin assets.
MarketWhisper·2025-12-23 02:15