Metaplanet Overhauls Capital Structure, Issues Preferred Shares to Institutional Investors

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Metaplanet announced a capital structure overhaul on December 22, issuing preferred shares to institutional investors to raise funds. The plan includes reclassifying reserves, doubling Class A and B preferred shares, and introducing floating and fixed dividends. Class A shares will pay monthly floating dividends, while Class B shares will offer quarterly payouts to international investors. Metaplanet holds 30,823 BTC, valued at $2.75 billion, and will trade via ADRs in the U.S. over-the-counter market. With this move, altcoins to watch may include tokens linked to firms expanding institutional access. The fear and greed index remains a key metric for tracking market sentiment around such developments.
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