Metaplanet Plans $150M Class B Perpetual Stock with 4.9% Dividend to Accelerate Bitcoin Accumulation, DAT Says

COINOTAG News reports that on November 20, DAT, a Tokyo-based Bitcoin custodian, disclosed that Metaplanet plans to execute a Class B perpetual preferred stock offering totaling $150 million. The instrument carries a fixed dividend rate of 4.9% and a conversion price of 1,000 yen per share, with proceeds earmarked to sustain Bitcoin accumulation.

The financing move highlights ongoing institutional activity within Japan’s crypto infrastructure, as custodians and asset managers employ perpetual equity to strengthen reserve holdings. The fixed yield combined with a conversion feature may appeal to investors seeking exposure to Bitcoin while preserving balance-sheet stability, supporting Metaplanet’s long-hold strategy.

Industry observers will track regulatory approvals, pricing mechanics, and the deal timetable, as updates could influence crypto market sentiment and reinforce credibility of digital asset custody initiatives in Asia.