Japan’s Biggest Bitcoin Holder Now Offering Dividend Shares to Investors

Metaplanet shareholders approved all five proposals at an extraordinary meeting on Friday, clearing the way for two new classes of preferred shares designed to fund Bitcoin purchases while delivering fixed monthly and quarterly dividends to investors. The Tokyo-listed company, which holds 30,823 BTC worth roughly $2.7 billion, is now positioned to raise capital through dividend-paying securities rather than further diluting common stockholders. Executive Dylan LeClair confirmed the meeting’s outcome on ...