#Metaplanet Approves Dividend Shares for Institutions
Metaplanet cleared five proposals Monday that restructure its capital framework, allowing Japan's largest corporate
$BTC holder to issue dividend-paying preferred shares targeting institutional investors. The company's #Bitcoin strategy director, Dylan LeClair, confirmed investors approved measures that expand preferred share issuance and introduce new dividend structures.
The approved changes reclassify capital reserves for preferred share dividends and potential buybacks. Metaplanet doubled authorized Class A and Class B preferred shares while amending dividend structures to include floating and periodic payouts. The company also cleared Class B preferred share issuance to international institutional investors.
Metaplanet held approximately 30,823
$BTC worth $2.75 billion at press time, according to Bitcoin Treasuries data. This positions the firm as Asia's biggest corporate #Bitcoin holder and fourth-largest globally.
The capital structure overhaul shifts from pure growth-through-dilution toward traditional markets approaches where income-producing securities coexist with Bitcoin-focused balance sheet strategy.
