Metaplanet Unveils New Bitcoin Backed Capital Structure with $150M Perpetual Preferred Offering

Metaplanet (3350) has announced a two tier preferred share structure aligned with its bitcoin centric financing strategy, beginning with its Class A - $0.209704419987030 preferred shares known as MARS. MARS, short for Metaplanet Adjustable Rate Security, is a senior, non dilutive preferred equity instrument designed to provide monthly adjustable dividends that respond to market conditions, according to Head of Strategy, Dylan LeClair.

Source: coindesk.com

Related symbols: BTCUSD

2025-11-20 13:28:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $0.209704419987030

Volume 24h: $47,205,166.47

Market Cap: $336,580,348.13

Description

Alpha Token (A) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Alpha Token has a current supply of 278,273,649.09200983 with 19,414,002.47958597 in circulation. The last known price of Alpha Token is 0.00052921 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.alphaplatform.co.