Metaplanet issues $135M in preferred shares to scale its Bitcoin treasury strategy. Saylor defends Bitcoin treasury models despite volatility and possible index exclusions. Treasury firms face premium compression as adoption slows and valuations slip below reserves. Tokyo-listed Metaplanet has approved a ¥21.25 billion ($135 million) perpetual preferred share issuance as part of its ongoing effort [...]The post Metaplanet launches $135mn preferred share offering to expand Bitcoin treasury strategy appeared first on CoinJournal.