Metaplanet to issue $150 million in Series B perpetual preferred shares to continue increasing its bitcoin holdings
ChainCatcher news, according to the official announcement, Japanese Bitcoin crypto treasury company Metaplanet has announced the issuance of Class B perpetual preferred shares worth $150 million, with a fixed dividend rate of 4.9% and a conversion price of 1,000 yen, which will be used to continue increasing its Bitcoin holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold prices fall in early Asian trading as market doubts Fed rate cuts
JPMorgan: If Strategy stocks are removed from the index, they may face billions of dollars in capital outflows
AVAX One board approves stock repurchase plan of up to $40 million
JPMorgan: Retail Investors Selling ETFs Is the Main Reason for Bitcoin and Ethereum Price Declines
