Metaplanet Introduces MARS and Mercury Preferred Equity to Bolster Bitcoin Strategy and Capital Structure

Overview

Metaplanet is enhancing its financing strategy with new preferred equity instruments. It has launched MARS (Metaplanet Adjustable Rate Security), a senior, non-dilutive preferred equity with adjustable dividends. Additionally, it introduced Mercury, a Class B perpetual preferred equity that raised approximately $150 million from institutional investors. This move aims to stabilize its capital structure and support its significant Bitcoin holdings, as the company's common shares have seen a substantial decline.