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- Metaplanet aims to hold $18.5 million in Bitcoin by 2027.
- The firm will use equity markets to fund more purchases.
- Overseas investors will gain access to select shares.
According to the report, Japan-based Metaplanet has reaffirmed its long-term Bitcoin strategy at a time when pressure builds across digital asset treasuries. The company wants to hold Bitcoin worth about $18.5 million by the end of 2027. That target equals 210,000 Bitcoin under its internal plan.
Market volatilities have not halted their progress. On the contrary, the company has drawn nearer to its objective amid changes confirmed by its shareholders. An extraordinary meeting of its shareholders confirmed several proposals related to equity financing.
This will ensure that the company amasses Bitcoin capital. This structuring will help Metaplanet grow its base without hastened dilution of its shareholders. This move demonstrates the increasingly preferred practice of treasury firms to increasingly turn to financial engineering instead of the use of issuance alone.
Long-Term Strategy Guides Metaplanet Decisions
The broader market is also very volatile. There are concerns of another crypto winter. The market value of the treasury-focused companies has started to decline. In certain instances, the market value of a company’s shares is less than that of the crypto assets that it holds.
However, in spite of these indications, purchases by Japanese companies of Bitcoins are ongoing. Two smaller companies listed in the Tokyo Stock Exchange recently invested around 2.6 million USD in Bitcoin. These two companies have also expressed interest in acquiring more in 2026.
Metaplanet seems to be consistent with this strategy. The company’s management is still emphasizing discipline and a long-term vision. The company is willing to take a short-term risk in the markets if it means it gains a long-term position. This strategy differentiates it from companies that adjusted their strategy during a downturn.
The company’s board of directors has made a major decision to expand the company’s equity tools. It has decided to double the number of Class A and Class B shares that the company is allowed to issue. Class A shares are normally more expensive compared to Class B shares. These shares also have the voting right, while Class B shares do not.
Metaplanet Introduces Floating-Rate Preferred Shares
The new shares will also have characteristics involving floating rates. Their returns will change with time according to market indices. Such an arrangement will ensure low entry charges for the investors but variable future returns. The new shares will also offer dividends every quarter. Such returns are similar to interest and will offer continuous income.
Metaplanet also improved its favorite class B shares. One of these is share buyback after ten years at 130 percent of the face value. The other is that of put right for investors. These are rights to sell shares at a predetermined price if the company fails to conduct an initial public offering one year after incorporation.
Measures have been approved by the board to facilitate these intentions. The board will lower capital stock and reserves. Such a decision will be helpful in funding dividends and share buyback activities. The company has also made its Class B shares available to overseas institutional investors.
This development enables overseas funds to start transacting Metaplanet stocks. By these arrangements, Metaplanet indicates that it believes in its Bitcoin plan as well as its connectivity to international funds.
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