Asian Bitcoin giant Metaplanet latest update: Approved for issuance of dividend stocks for overseas institutions.

Metaplanet holds approximately 30,823 Bitcoins, making it the largest corporate Bitcoin holder in Asia. The company officially approved the issuance of dividend preference shares aimed at international institutions, marking its transition from a purely Bitcoin holding strategy to a yield-oriented securities model more in line with traditional Capital Market tastes.

The core of this capital structure adjustment is that the company plans to raise funds by issuing two types of new preferred shares, and the proceeds will be used to further increase its holdings of Bitcoin.

01 Core Event: Capital Structure Reform and Shareholder Approval

On December 22, 2025, shareholders of the Japanese listed company Metaplanet cast a crucial vote, fully approving five proposals regarding the reform of the company's capital structure.

The result of this vote directly triggered a positive market reaction, with the company's stock price on the Tokyo Stock Exchange rising by 4.16% on the same day.

According to the company's Bitcoin Strategy Director Dylan LeClair, the approved proposal is a set of combined measures aimed at fundamentally transforming the financing and shareholder return methods of Metaplanet.

Core measures of reform include reclassifying capital reserves to support the payment of preferred stock dividends and potential future stock buybacks; at the same time, the authorized issuance amount of Class A and Class B preferred stocks has been doubled.

The approval from shareholders means that Metaplanet has obtained the license to create “tailored” financing tools for institutional investors.

02 Details of the Transformation: How Do the Two Types of Preferred Shares Work?

The preferred stock plan designed by Metaplanet is not a single product, but rather a launch of Class A and Class B preferred stocks with different characteristics to meet the needs of various institutional investors.

These designs aim to convert the company's massive Bitcoin assets into financial products that institutional investors are more familiar with and more willing to accept.

Class A Preferred Stock: Provides monthly floating returns

The main feature of Class A preferred shares is the introduction of a monthly floating dividend mechanism called “Metaplanet Adjustable Rate Security”.

This means that institutions investing in such stocks can receive a fluctuating dividend income on a monthly basis. This design meets the strong demand of institutional investors for predictable cash flow, converting the potential long-term appreciation of Bitcoin assets into regular return on investment.

Class B Preferred Shares: Structured Products for Overseas

Class B preferred shares are explicitly approved for direct issuance to international institutional investors.

Its terms are more structured: providing quarterly dividends and including a 10-year issuer redemption option, allowing Metaplanet to repurchase at a price of 130% of the stock's par value after ten years.

At the same time, to protect investors, the terms also include a “sell option”: if the qualified initial public offering (IPO) related to the stock fails to materialize within a year, investors have the right to exercise this option and exit early.

The table below compares the main characteristics of the two types of preferred stock:

03 Strategic Intent: Why Shift to Dividend Stocks?

Metaplanet's move is by no means a simple financial operation; it contains clear strategic intent behind it, marking a significant shift in the company's development model.

The primary goal is to attract traditional capital. By issuing structured preferred shares that provide regular cash dividends, Metaplanet has successfully packaged itself as a more attractive investment target for traditional institutions such as pension funds and hedge funds.

These institutions may have concerns about the direct volatility of Bitcoin, but they are familiar with and favor these income-generating securities.

Secondly, this opens up new financing channels for the company. The funds raised through the issuance of preferred shares to global institutions will be specifically used for further purchasing Bitcoin, continuously expanding its asset scale as the “Asian Bitcoin giant.”

Ultimately, this transformation provides a new narrative for the entire cryptocurrency asset space. It demonstrates how publicly traded companies can “financialize” Bitcoin assets, thereby accessing the vast ocean of traditional capital, which may provide a model for other companies holding cryptocurrency to emulate.

04 Market Impact and Gate Ecosystem

The transformation of Metaplanet occurs against the backdrop of the cryptocurrency market seeking deeper integration with traditional finance. Its successful attraction of institutional funds may bring new incremental funds to Bitcoin and enhance market confidence.

For users who wish to grasp such market dynamics and opportunities on the Gate platform, the current platform also offers a variety of ways to participate.

On one hand, Gate Launchpad continues to be active as the launching pad for new projects. For example, it has completed the distribution of the fifth phase Kodiak (KDK) token and will open spot trading for KDK on December 23 at 22:00 (UTC+8).

On the other hand, Gate's decentralized perpetual contract trading platform Gate Perp DEX has also launched the “Year-End Trading New Journey” event. During the period from December 22, 2025 to January 15, 2026, users can share a prize pool of 20,000 USDT by participating in trading volume rankings, submitting product suggestions, and more.

About the price of Metaplanet related assets: It should be noted that according to existing public information, Metaplanet is a company listed on the Tokyo Stock Exchange (stock code: 3350), and its stock itself is not a digital token traded on Gate or other cryptocurrency exchanges.

You may be interested in similar names such as MetaPlanet AI (MPLAI), which have no direct connection to the Japanese listed company Metaplanet mentioned in this article, and the price should be checked for real-time data on the corresponding page of the Gate platform.

Future Outlook

As Metaplanet packages its Bitcoin reserves into preferred shares with dividends, traders on Wall Street and in global financial centers are beginning to reassess this balance sheet from Tokyo.

The 30,823 Bitcoins held by this company are no longer just digital gold sleeping in cold wallets. They are being activated by financial engineering technology, transforming into a new gravitational force attracting traditional world capital into the crypto world.

The company's stock price rose 4.16% immediately after the announcement, and this is just the beginning. When the first batch of dividend stocks aimed at overseas institutions is issued, the global capital allocation story for Bitcoin will turn a page on institutional ETFs and enter a new chapter of financialization on corporate balance sheets.