Metaplanet Raises ¥21.25B with Class B Preferred Share Issuance

The post Metaplanet Raises ¥21.25B with Class B Preferred Share Issuance appeared first on Coinpedia Fintech News

Metaplanet Inc. has successfully completed the issuance of 23.61 million Class B Preferred Shares (“MERCURY”) via a third-party allotment, raising ¥21.25 billion. Major investors include Nautical Funding Ltd., SMALLCAP World Fund, and select Anson and Ghisallo funds. Each share was issued at ¥900, boosting capital stock and reserves by ¥10.62 billion each. Following the allotment, total Class B shares reach 23.61 million, with capital stock temporarily set to reduce to ¥1 from December 30, 2025, as part of the company’s growth strategy.