TechFlow news, December 22 — According to Cointelegraph, Japanese corporate Bitcoin holder Metaplanet approved a comprehensive capital structure reform on Monday, enabling fundraising from institutional investors through dividend-paying preferred shares. The approved proposals include reclassifying capital reserves, doubling the authorized number of Class A and Class B preferred shares, and modifying the dividend structure to introduce floating and fixed payouts. Class A preferred shares will feature a monthly floating dividend mechanism, while Class B preferred shares will offer quarterly dividends and be open to international institutional investors. Metaplanet currently holds approximately 30,823 Bitcoins worth $2.75 billion, making it the largest corporate Bitcoin holder in Asia. The company also announced plans to trade in the U.S. over-the-counter market via American Depositary Receipts, further expanding its global market presence.
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