Metaplanet to Issue Perpetual Preferred Shares in Bid to Boost Bitcoin Holdings
Metaplanet, a Tokyo-listed firm targeted on bitcoin treasury technique, introduced its new “Phase II” initiative, underneath which it’s going to situation perpetual most popular shares to elevate capital for additional Bitcoin acquisitions. The mechanism is designed to scale back dilution of frequent inventory whereas sustaining the agency’s aggressive accumulation tempo. Phase II unveils new capital…
