Metaplanet is advancing the listing of the first perpetual preferred shares in the Japanese market.

Foresight News reported that Simon Gerovich, CEO of the Japanese Bitcoin treasury listed company Metaplanet, stated that Metaplanet is advancing the listing process of its preferred shares, which will become the seventh preferred share in the Japanese market and the first perpetual preferred share. The listing review will assess the company’s dividend/distribution capacity under different market conditions, taking into account Bitcoin revenue generation performance over the past six quarters. Metaplanet plans to distribute dividends more frequently after listing, including monthly payments, and is currently working with partners to improve relevant infrastructure to ensure compliance with Japanese regulations and market practices. Although the listing process is taking longer than expected, Metaplanet emphasizes the importance of this effort, believing that reliable operating cash flow and long-term growth strategies can effectively address the issue of insufficient returns in Japan’s capital markets.