Metaplanet Turns to Preferred Shares to Boost Bitcoin Per Share

TLDR: Metaplanet aims to boost Bitcoin per share using preferred shares rather than common equity dilution. Preferred shares let the firm raise capital at fixed dividend rates while maintaining ownership ratios. Simon Gerovich’s model shows a 30% Bitcoin growth and 6% dividend yields 8.6x long-term mNAV gains. Metaplanet plans to use Bitcoin-backed yield tools to [...]

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