日本微策略 Metaplanet 計劃增持更多比特幣!股東大會同意擴大股票發行,股價本月強彈 26%

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Metaplanet 策略總監 Dylan LeClair 近期在 X 平台發文表示,Metaplanet 的一場臨時股東大會,已經全票通過了五項與股權相關的提案。這些提案將有助於該公司籌集更多資金,用來購買更多比特幣。
(前情提要:「日本微策略」Metaplanet 停止囤比特幣,是戰略轉向還是蓄力待發?)
(背景補充:Metaplanet股價暴跌8成「比特幣浮虧16%」,執行長回應:不放棄BTC儲備DAT,持續長期加倉)

有著「日本微策略」之稱的比特幣儲備公司 Metaplanet,其策略總監 Dylan LeClair 近期在 X 平台發文表示,Metaplanet 的一場臨時股東大會,已經全票通過了五項與股權相關的提案。這些提案將有助於該公司籌集更多資金,用來購買更多比特幣,而不會立即稀釋現有普通股東的權益,進一步強化其作為比特幣財庫的長期戰略。

5/5 Proposals Approved at the @Metaplanet Extraordinary Shareholder Meeting

  1. Approve shift of capital stock and capital reserve to capital surplus to increase capacity for preferred share dividends & potential share buybacks. ✅

  2. Increase the total number of authorized…

— Dylan LeClair (@DylanLeClair) December 22, 2025

五項提案具體內容

Dylan LeClair 在貼文中詳細列出了通過的五項提案。首先,將資本公積與資本準備金轉移至資本盈餘,以提升優先股股息支付能力及潛在股份回購的餘力。其次,將 A 類及 B 類優先股的授權總數分別從 2.775 億股增加至各 5.55 億股。第三項提案修改了 A 類優先股為每月浮動利率股息結構,旨在提供價格穩定性,稱為「MARS」(Metaplanet 可調整利率證券)。第四項則修改 B 類優先股為季度股息結構,新增 10 年期 130% 發行人贖回權,並在一年內未進行 IPO 的情況下授予投資者賣回權。這些設計讓優先股更具吸引力,特別是對尋求穩定收益的機構投資者。最後一項提案批准向海外機構投資者發行 B 類優先股,這將允許國際基金經理更容易交易 Metaplanet 股票,擴大公司資金來源。

LeClair 強調,此舉不僅將強化資本結構,還能吸引更多全球投資者參與比特幣積累計劃。

Metaplanet 大幅反彈

截至目前,根據官方數據顯示,Metaplanet 已持有約 30,823 枚比特幣,這是該公司於 2025 年提前達成的年度目標(原訂 3 萬枚),使其成為全球持有比特幣最多的上市公司之一。不過,該公司自 2025 年 9 月底最後一次大額購買後暫停新增比特幣。

股票表現方面,據谷歌財經數據顯示,Metaplanet 股價(東京證交所代碼 3350)在 12 月大幅反彈,單月漲幅達達到 26%,市值回溫至 5,288 億日圓。

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