Metaplanet approved an overhaul of its capital structure, allowing the company to raise funds through dividend-paying preferred shares for institutional investors. The company holds about 30,823 BTC, worth $2.75 billion, making it the largest corporate Bitcoin holder in Asia and fourth-largest in the world.

The approved proposals mark a shift towards more traditional markets approach, using preferred equity to package exposure to corporate Bitcoin holdings. Class A preferred shares now feature a monthly, floating-rate dividend structure, while Class B preferred shares offer quarterly dividends and additional protections.

Metaplanet is expanding to global markets, allowing overseas institutions to access Bitcoin exposure through preferred shares. The company’s approach demonstrates adaptation to local market constraints while pursuing global capital. Metaplanet recently announced plans to begin trading in the US through American Depositary Receipts after establishing a subsidiary in Miami.

Read more at Cointelegraph: Metaplanet Reworks Capital Structure to Attract Institutional Investors