Metaplanet issues $150 million in Class B perpetual preferred stock to expand its Bitcoin reserve strategy.

2025-11-20 10:13

According to Odaily Planet Daily, Metaplanet CEO Simon Gerovich announced on the X platform that Metaplanet has launched $150 million of Class B perpetual preferred stock, MERCURY, with a fixed dividend of 4.9% and a conversion price of 1,000 yen. This move aims to expand its Bitcoin reserve strategy.

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