Metaplanet (3350), Japan's largest corporate bitcoin holder and the world's third-largest bitcoin treasury company holding 40,177 BTC on its balance sheet, has confirmed a delay in its planned preferred share listing.
CEO Simon Gerovich discussed the complexity of navigating Japan's underdeveloped preferred equity market as the primary reason for the hold-up.
The company's planned instrument would be only the seventh listed preferred in Japan, Gerovich said, and, notably, the fir