Metaplanet Launches $135M Preferred Share Offering to Expand Bitcoin Treasury Strategy
Metaplanet issues $135 million in perpetual preferred shares to expand its Bitcoin treasury strategy Saylor defends the Bitcoin treasury model despite volatility and possible index exclusions Treasury companies face premium compression as adoption slows and reserves trade below NAV Tokyo-listed Metaplanet has approved the issuance of perpetual preferred shares worth ¥21.25 billion (about $135 million) … Read more