Metaplanet charted a path to expand shares and issue dual-class stock, reinforcing its long-term Bitcoin accumulation plan. Japanese Bitcoin-stacking company Metaplanet secured shareholder approval to overhaul its capital structure, clearing a path for billions in potential fundraising earmarked for its Bitcoin accumulation strategy. At an extraordinary general meeting on Monday, investors backed amendments to the company’s articles of incorporation to expand its authorized shares to 2.7 billion. It also introduced a new dual-class preferred stock system that would allow Metaplanet to attract different types of investors while preserving control for existing shareholders. Class A shares would carry a fixed dividend, offering income-focused investors more stable returns. Class B shares would be a riskier bet, but come with the option of converting into common stock. The move provides potential upside if the company’s Bitcoin accumulation strategy succeeds. Read more Metaplanet charted a path to expand shares and issue dual-class stock, reinforcing its long-term Bitcoin accumulation plan. Japanese Bitcoin-stacking company Metaplanet secured shareholder approval to overhaul its capital structure, clearing a path for billions in potential fundraising earmarked for its Bitcoin accumulation strategy. At an extraordinary general meeting on Monday, investors backed amendments to the company’s articles of incorporation to expand its authorized shares to 2.7 billion. It also introduced a new dual-class preferred stock system that would allow Metaplanet to attract different types of investors while preserving control for existing shareholders. Class A shares would carry a fixed dividend, offering income-focused investors more stable returns. Class B shares would be a riskier bet, but come with the option of converting into common stock. The move provides potential upside if the company’s Bitcoin accumulation strategy succeeds. Read more