MetaPlanet, a Japanese company committed to Bitcoin adoption, has announced plans to seek shareholder approval for perpetual preferred stock issuance at an upcoming extraordinary general meeting on September 1st. This move aims to further fuel their ambitious Bitcoin acquisition strategy. The company has already submitted a securities registration statement for a substantial 555 billion yen (approximately $3.7 billion) related to this preferred stock offering. This significant capital injection will support MetaPlanet's goal of accumulating 210,000 BTC by 2027. To date, they have secured roughly $515 million in funding. This strategic decision highlights MetaPlanet's strong conviction in Bitcoin's long-term potential and its commitment to becoming a major player in the digital asset space. The preferred stock issuance approval would provide them with considerable financial flexibility to pursue their aggressive acquisition targets. ```

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