Metaplanet, a Tokyo-listed company focused on bitcoin treasury strategy, announced its new "Phase II" initiative, under which it will issue perpetual preferred shares to raise capital for further Bitcoin acquisitions. The mechanism is designed to reduce dilution of common stock while sustaining the firm's aggressive accumulation pace. Phase II unveils new capital tool to boostThe post Metaplanet to Issue Perpetual Preferred Shares in Bid to Boost Bitcoin Holdings appeared first on BeInCrypto.