Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin Updates: Metaplanet's Dual Shares Combine Earnings with Bitcoin Growth Potential

Bitcoin Updates: Metaplanet's Dual Shares Combine Earnings with Bitcoin Growth Potential

Bitget-RWA2025/11/20 14:20
By:Bitget-RWA

- 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

acquisition efforts and reinforce its financial foundation. The share offering, , involves the release of 23.61 million shares at a price of ¥900 each. The raised capital will be used for Bitcoin investments, settling debts, and supporting infrastructure projects. Named "MERCURY," these shares provide a fixed yearly dividend of 4.9% and can be converted into common shares at ¥1,000, with the potential for gains linked to Bitcoin’s market value.

Bitcoin Updates: Metaplanet's Dual Shares Combine Earnings with Bitcoin Growth Potential image 0
This fundraising represents a significant milestone as Metaplanet shifts toward becoming a global Bitcoin treasury company. Since 2024, the firm has pivoted its business model to focus on accumulating Bitcoin, launching initiatives such as the "21 Million Plan" to grow its BTC reserves. The choice to issue Class B shares— —was motivated by the desire to bolster reserves during volatile markets and address a net asset value (NAV) that has fallen below one. This move also paves the way for future public offerings of Class B shares and fits into a larger restructuring plan, which includes canceling outstanding warrants and increasing the number of authorized shares .

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,

while preventing dilution for common shareholders. MERCURY, the subordinate Class B share, offers fixed dividends and a conversion option that could benefit from Bitcoin’s long-term growth. This two-tier approach —following MicroStrategy (MSTR) and Strive (ASSET)—to introduce a perpetual preferred equity scheme.

will be allocated, with about ¥15 billion ($95 million) dedicated to acquiring Bitcoin and the balance used for redeeming corporate bonds and supporting income-generating activities. This aligns with a growing trend of institutional involvement in corporate Bitcoin treasuries, as companies look to leverage the asset’s potential while managing liquidity concerns. , is working to strengthen its standing as one of Asia’s leading corporate holders of Bitcoin.

The share issuance awaits approval from shareholders at a meeting set for December 22, 2025.

will improve financial resilience, enable ongoing Bitcoin accumulation, and help drive expansion in both Japanese and international markets. As Bitcoin’s value continues to fluctuate amid global economic uncertainty, Metaplanet’s fundraising approach highlights the growing convergence of traditional finance and crypto-focused business strategies.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ZKP's $100M Privacy Framework Set to Transform Trust and Openness in Blockchain

- ZKP, a privacy-focused blockchain project, combines advanced cryptography with AI computation to build a $100M infrastructure featuring testnets and hardware-ready Proof Pods. - Its four-layer architecture enables real-time private transaction verification and AI workloads without exposing data, targeting sectors like healthcare and finance . - Proof Pods handle privacy-centric computations, while a transparent presale model allocates tokens via daily on-chain auctions, emphasizing fairness over speculat

Bitget-RWA2025/11/20 15:48
ZKP's $100M Privacy Framework Set to Transform Trust and Openness in Blockchain

Ethereum News Update: Institutional Staking and Regulatory Changes Challenge Ethereum’s Crucial Support Levels

- BlackRock deposited 64,707 ETH into Coinbase Prime, sparking concerns over potential sell-offs amid Ethereum's volatile $3,000 price proximity. - 21Shares' Ethereum ETF partnered with Coinbase to stake ether , aiming to boost returns as fee waivers expire and regulatory risks emerge. - The OCC's policy allowing banks to hold ETH for gas fees signals growing institutional adoption but raises integration challenges with blockchain systems. - Market uncertainty persists as Ethereum's key support levels ($2,

Bitget-RWA2025/11/20 15:48

Bitcoin News Update: Uncertainty from Fed's Data and Divided Policies Keeps Rate Cut Decision Unresolved

- Fed's December 2025 rate-cut odds drop to 44% as inflation risks and policy divisions delay easing, per CME data. - Persistent 3% year-on-year inflation and delayed economic reports create "data fog," forcing policymakers to rely on outdated metrics. - Stock and crypto markets react: S&P 500 faces pressure, Bitcoin dips below $90,000 amid prolonged tight monetary policy. - Fed's internal factions clash over inflation control vs. employment support, with 2026 likely starting point for slower easing cycle.

Bitget-RWA2025/11/20 15:28

Bitcoin Updates: Crypto Shares Surge While ETFs See Massive Outflows—Is the Market Divided on Digital Assets?

- US stocks rose on Nov 17 as crypto equities gained despite ETF outflows. - BlackRock's IBIT lost $463M, while QUBT surged 13.3% on quantum computing optimism. - Germany added $13.2M to crypto ETPs amid declines, contrasting US outflows. - Rising Japanese bond yields and Fed signals heightened macroeconomic risks. - Investors balance niche sector optimism against broader economic pressures.

Bitget-RWA2025/11/20 15:28