MetaPlanet Considers Issuing Preferred Shares Worth Up to 5.55 Trillion Yen

On September 1, MetaPlanet Co., Ltd. (3350) announced that its board of directors has resolved to propose an increase in the total number of issuable shares and the issuance of perpetual preferred shares at the extraordinary general meeting scheduled for the same day, in order to acquire additional Bitcoin (BTC).

To steadfastly achieve the core of its growth strategy, 'acquiring 210,000 BTC by the end of 2027,' maintaining a framework capable of large-scale fundraising is essential. The company emphasized the need for a financial policy equipped with agility and flexibility. However, it also stated that no decision has been made yet regarding the issuance of perpetual preferred shares at this time.

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