Metaplanet President Simon Gerovich announced the issuance of B-type perpetual preferred shares named "MERCURY". These shares offer a fixed annual dividend rate of 4.9% and a conversion price of ¥1,000 per share. The total issuance is valued at ¥23.61 billion, approximately $150 million.
Metaplanet to Issue ¥23.61 Billion in Perpetual Preferred Shares
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