ChainCatcher reports that Metaplanet, Japan’s largest corporate Bitcoin holder, approved a comprehensive capital structure overhaul on Monday, allowing fundraising from institutional investors through the issuance of dividend-preferred shares. The approved proposals include reclassifying capital reserves, doubling the authorized number of Class A and Class B preferred shares, and modifying the dividend structure to introduce floating and regular payouts.
Class A preferred shares will adopt a monthly floating dividend mechanism, while Class B preferred shares will offer quarterly dividends and be open to international institutional investors. According to reports, Metaplanet currently holds approximately 30,823 Bitcoins, valued at $2.75 billion, making it the largest corporate Bitcoin holder in Asia. The company also announced plans to trade in the U.S. over-the-counter market via American Depositary Receipts, further expanding its global market presence.
