According to Odaily Planet Daily, Simon Gerovich, CEO of Metaplanet, a Japanese listed company, stated in a post on the X platform that the company aims to explore various tools to raise funds to purchase Bitcoin. Using Bitcoin as the benchmark, Metaplanet's mission is to continuously increase the value of each Bitcoin share. The issuance of perpetual preferred stock is a high-value-added tool designed to maximize long-term shareholder value.

Earlier news, Metaplanet has announced plans to issue up to 555 billion yen of perpetual preferred shares to support its capital structure and strategic expansion.