Bitcoin backed capital structure
Metaplanet has introduced a new capital structure backed by Bitcoin, featuring a $150 million perpetual preferred offering. This innovative financial structure aims to leverage Bitcoin’s value to attract investment. The offering is designed to provide investors with a unique opportunity to engage with the cryptocurrency market. By utilizing Bitcoin as collateral, Metaplanet seeks to enhance its capital base and support future growth initiatives. The company is positioning itself to capitalize on the increasing interest in cryptocurrency-backed financial products.
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