Metaplanet Defends Preferred Stock Strategy as Interest in ‘MicroStrategy-Style’ Plays Fades

Metaplanet President Simon Gerovich has defended the company’s shift toward issuing preferred shares. His remarks come amid tightening liquidity conditions and waning market enthusiasm for “microstrategy-style” companies. Metaplanet President Makes a Case for Preferred Share Strategy Simon Gerovich says the company’s stock strategy is part of a capital optimization phase to boost Bitcoin holdings per share without diluting common shareholders. The Japanese firm, often dubbed Asia’s MicroStrategy, recently suspended several series of stock acquisition rights, signaling a strategic recalibration source: https://beincrypto.com/metaplanet-preferred-stock-strategy-bitcoin-per-share/