CoinOtag
2025-11-20 13:32:34

Metaplanet Proposes MERCURY Shares to Raise $150M for Bitcoin Expansion

Metaplanet’s MERCURY shares issuance allows the company to raise $150 million from overseas institutional investors, primarily to acquire more Bitcoin and expand holdings to 210,000 BTC by 2027. This hybrid security offers quarterly dividends at 4.9% and equity-linked conversion, minimizing dilution while boosting stock performance. Metaplanet approved issuing MERCURY Class B preferred shares to secure

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