Short News View Non-AMP

Metaplanet Approves Shares to Expand Bitcoin

Published by
Sohrab Khawas

Tokyo-listed Metaplanet, holding 30,823 BTC worth $2.75 billion, approved issuing preferred shares without affecting common stock. Following MicroStrategy’s approach, the company doubled its Class A (MARS) and Class B (MERCURY) shares, added floating-rate and quarterly dividends, and targeted institutional investors. Recently, it raised $150 million through MERCURY shares and $250 million via credit for Bitcoin purchases. The stock jumped 18% to 451 JPY as investors anticipate further Bitcoin accumulation and bigger holdings.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Market Crashes, But This Altcoin Rallies Towards a New ATH; Are Low-Caps the Next Safe Haven?

PIPPIN price is beginning to show real signs of strength after successfully flipping a former…

February 24, 2026

World Liberty Financial Stablecoin USD1 Prevails Over FUD Attack

On February 23, the Trump-backed decentralized finance (DeFi) protocol World Liberty Financial reported that hackers…

February 23, 2026

This $0.04 New Crypto Just Hit 3x: Why Investors See Another 500% Move

While many people are still looking at older projects, a new wave of smart capital…

February 23, 2026

Ripple’s Hidden Power Play: Could XRP Be the Backbone of Instant Global Payments?

Ripple has always said it wants to fix one of banking’s biggest problems: slow and…

February 23, 2026

Standard Chartered Forecasts Stablecoin Growth to Fuel $1 Trillion in New T-Bill Demand by 2028

According to new research from Standard Chartered, the companies behind stablecoins are on track to…

February 23, 2026

XRP Whale Alert: 31M XRP Flows Into Binance, Is a Sell-Off Coming

More than 31 million XRP were transferred to Binance in a single day, according to…

February 23, 2026