- Metaplanet’s $150M share issuance targets Bitcoin acquisition.
- Japan shows rising interest in BTC-backed financial products.
- Historical precedents are influencing corporate strategies globally.
Metaplanet, a Japanese listed firm, announced a $150 million issuance of Class B perpetual preferred shares, “MERCURY,” with a 4.9% annual dividend to fund Bitcoin acquisitions.
This strategic move bolsters Metaplanet’s Bitcoin holdings amid prevailing market interest, potentially influencing corporate treasury practices and fixed income markets in Japan.
Metaplanet’s $150M Share Issuance for Bitcoin Expansion
Metaplanet, a Japanese listed company, announced on November 20 its decision to issue $150 million in Class B perpetual preferred shares, labeled “MERCURY,” with proceeds allocated to Bitcoin acquisition. The share issuance aims to bolster Metaplanet’s Bitcoin reserves, signaling a strategic commitment to digital assets. The company’s expansion plan mirrors similar strategies employed by firms seeking to strengthen corporate treasuries through preferred equity.
Metaplanet plans to issue $150 million in Class B perpetual preferred shares, “MERCURY.” These shares offer a fixed annual dividend of 4.9% and a conversion price of 1,000 yen. Simon Gerovich, Metaplanet’s President, emphasized these measures safeguard shareholder value against potential market volatility. Gerovich stated,
This move reflects a growing trend of utilizing digital currency reserves over traditional financial instruments. Metaplanet now seeks to expand its treasury to over 210,000 BTC by 2027, with the Class B issuance being a significant step in this direction. This also showcases Japan’s increasing interest in digital financial products.
Japan’s Rising Interest in BTC-Backed Financial Products
Did you know? MicroStrategy’s similar strategy amassed over 500,000 BTC through equity and debt, setting a precedent in corporate Bitcoin acquisition.
As of November 20, 2025, Bitcoin is priced at $91,605.71, with a market cap of $1.83 trillion and a 24-hour trading volume of $81.12 billion, according to CoinMarketCap. The price has seen a slight increase of 0.10% over 24 hours but experienced a decline of over 11% in the last 7 days. The market dominance remains significant at 58.66%, reflecting its potential impact on corporate financial strategies.
Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 10:18 UTC on November 20, 2025. Source: CoinMarketCapCoincu research suggests Metaplanet’s approach could influence financial and regulatory landscapes, encouraging similar models. Japan may witness an uptick in innovative BTC-backed financial instruments, aligning with global trends toward decentralized financial assets.
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Source: https://coincu.com/bitcoin/metaplanet-150m-preferred-shares/
