Metaplanet reveals net income strategy to fuel Bitcoin accumulation
Metaplanet revealed a revised capital allocation framework proposing to allocate as much as 15% of total assets to strategic investments to fund its Bitcoin accumulation.
Metaplanet has unveiled a new capital allocation strategy aimed at boosting its Bitcoin holdings. The Japanese investment firm has proposed allocating up to 15% of its assets towards strategic investments, with a focus on income-generating assets that would generate net interest income to support its Bitcoin accumulation and dividend payments.
Currently, Bitcoin constitutes the majority of the company’s treasury reserves, accounting for 85-90% of its total assets. This move comes in response to shareholder concerns about the company's governance and complex capital structure, following the issuance of five corrected securities filings on Friday. The revised policy aims to enhance Metaplanet's financing capacity and credit quality, enabling it to increase its Bitcoin holdings per share through additional acquisitions.
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