Metaplanet will issue $150 million in Class B perpetual preferred shares to increase its holdings of Bitcoin

PANews reported on November 20 that according to official news, Japanese listed company Metaplanet disclosed that it will issue Class B perpetual preferred shares "MERCURY" worth US$150 million. The stock enjoys a fixed dividend of 4.9% annual interest rate and a conversion price of 1,000 yen, which will be used to continue to increase its holdings of Bitcoin.
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