Metaplanet Introduces Dividend-Paying Shares for Bitcoin Purchases
Basically, You Should Know Metaplanet is Japan’s largest holder of Bitcoin, and they got approval from their shareholders to issue dividend-paying preferred shares to raise capital for more Bitcoin purchases. Generally, This decision was made during a meeting with shareholders on Friday, where all five proposals were approved, which is pretty interesting. Apparently, The company currently holds 30,823 Bitcoin, valued at approximately $2.7 billion, and they want to fund further acquisitions without affecting the common stock.
Normally, You would expect a company like Metaplanet to have a solid plan in place, and they do, with the new shares intended to help them achieve their goals. Usually, This kind of move can be beneficial for investors, as it provides a way for them to get involved in Bitcoin without directly buying it.
Certainly, The company’s current Bitcoin holdings are a significant factor in their decision-making process, and they are looking to expand their portfolio. Naturally, The new shares are an important part of this strategy, and they will play a key role in Metaplanet’s future plans.
Current Bitcoin Holdings
Obviously, Metaplanet’s current Bitcoin holdings are a major factor in their decision to issue dividend-paying shares, as they want to raise capital to buy more Bitcoin. Typically, A company like Metaplanet would want to maintain a strong portfolio, and their Bitcoin holdings are a big part of that. Probably, The value of their Bitcoin holdings, approximately $2.7 billion, is a significant incentive for them to continue expanding their portfolio.
Preferred Share Structure
Usually, A company like Metaplanet would have a solid plan in place for their preferred share structure, and they do, with two classes of shares. Apparently, Class A shares will pay monthly floating-rate dividends under the Metaplanet Adjustable Rate Security (MARS) system, which is designed to maintain price stability. Generally, This kind of system can be beneficial for investors, as it provides a way for them to earn steady income from their investments.
Class A – MARS System
Basically, The MARS system is a key part of Metaplanet’s preferred share structure, and it is designed to provide stability for investors. Normally, A system like this would be attractive to investors, as it offers a way for them to earn steady income from their investments. Probably, The monthly floating-rate dividends will be an important factor in the success of the MARS system.
Class B – “Mercury”
Obviously, Class B shares, branded “Mercury,” will offer a quarterly dividend of 4.9 % annually, which is a significant incentive for investors. Typically, A dividend like this would be attractive to investors, as it provides a way for them to earn steady income from their investments. Certainly, The option to convert to common stock if Metaplanet’s share price triples from its current level is an added bonus for investors.
Funding and Investor Reach
Generally, The company’s funding and investor reach are crucial factors in their decision to issue dividend-paying shares, as they want to raise capital to buy more Bitcoin. Apparently, The authorization of Class B preferred shares to overseas institutional investors, raising ¥21.25 billion ($135 million) in November, is a significant step in this process. Normally, A move like this would help to minimize dilution from common share issuances while expanding Bitcoin holdings.
U.S. Market Access – ADR Program
Usually, A company like Metaplanet would want to provide easier access for U.S. retail and institutional investors, and they are doing this through a Sponsored Level I American Depositary Receipt (ADR) program. Probably, This program will allow U.S. investors to trade the company’s shares under the ticker MPJPY, which is a significant development. Certainly, The move aims to provide easier access for U.S. retail and institutional investors, which is a key part of Metaplanet’s strategy.
Share Performance
Obviously, The performance of Metaplanet’s shares is a crucial factor in their decision to issue dividend-paying shares, and they rose by 4 %, closing at 451 yen following the announcement. Typically, A company like Metaplanet would be pleased with this kind of performance, as it indicates a positive response from investors. Generally, The company has been actively accumulating Bitcoin in 2025 and secured a $130 million loan fully backed by Bitcoin in November, which is a significant incentive for investors.
Industry Context
Basically, Metaplanet’s initiative mirrors Strategy’s successful model of using dividend-paying preferred shares to fund Bitcoin purchases, offering investors steady income and Bitcoin exposure without direct equity risk. Normally, A move like this would be attractive to investors, as it provides a way for them to get involved in Bitcoin without directly buying it. Probably, The industry context is a crucial factor in Metaplanet’s decision to issue dividend-paying shares, as they want to provide a competitive offering for investors.
