The post Metaplanet Bitcoin expansion: Tokyo firm doubles preferred shares to scale BTC strategy appeared on BitcoinEthereumNews.com.

Investors are closely watching how Metaplanet bitcoin moves are reshaping capital markets exposure to listed BTC accumulation strategies. Metaplanet doubles preferred share classes to mirror Strategy playbook Tokyo-listed Metaplanet, which already holds 30,823 BTC valued at $2.75 billion, has approved a major expansion of its preferred share structure to fuel further Bitcoin purchases. However, the new authorization explicitly leaves the existing common stock base unchanged. The company is following the well-known Strategy-style approach of using the equity markets to accumulate more Bitcoin on its balance sheet. Moreover, Metaplanet is targeting a capital structure that can appeal to a wider range of investors while preserving control for existing shareholders. Details of the expanded MARS and MERCURY share classes Under the plan, Metaplanet has effectively doubled the number of its Class A MARS shares and Class B MERCURY shares that can be issued. That said, the move is designed to scale financing capacity without diluting common equity. The updated preferred shares now include floating-rate features and quarterly dividends, making them more attractive to yield-focused institutions. In addition, the company is increasingly positioning itself as a Tokyo listed bitcoin company with sophisticated capital market tools. Institutional focus and recent financing rounds Metaplanet’s board made clear that the expanded preferred share program is aimed primarily at institutional investors. This focus aligns with the broader trend of institutional bitcoin buyers seeking exposure through listed vehicles rather than direct spot holdings. Recently, Metaplanet raised $150 million via newly issued MERCURY shares, complementing earlier equity-based fundraising. Moreover, the company secured an additional $250 million through credit facilities dedicated specifically to acquiring more Bitcoin for its balance sheet. Market reaction and implications for Bitcoin accumulation Following the latest capital-raising and share authorization news, Metaplanet’s stock price jumped 18% to 451 JPY. Investors appear to be pricing in continued…

---

Filed under: News - @ December 22, 2025 4:20 pm