Metaplanet plans to increase its bitcoin holdings to 210,000 by the end of 2027.
PANews reported on December 24, citing DLNews, that the Metaplanet board of directors has approved a plan to further purchase bitcoin, aiming to hold 210,000 bitcoins by the end of 2027. Metaplanet will expand the issuable scale of Class A and Class B shares, introduce a floating interest rate and a quarterly dividend mechanism. In addition, these shares will distribute dividends quarterly, meaning investors can receive interest-like returns four times a year. The board also approved the issuance of Class B shares to overseas institutional investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Circle Launches Digital Precious Metals Platform, Supporting Tokenized Gold and Silver Exchange via USDC
New York gold futures fell to $4,500 per ounce, down 0.14% on the day.
Initial jobless claims unexpectedly declined, and the unemployment rate may remain high in December
