Saylor: Strategy will not issue perpetual preferred stock in Japan for at least one year

Strategy co-founder Michael Saylor stated that the company has no plans to issue perpetual preferred stock in Japan for at least one year, giving Metaplanet the first opportunity in the market, CoinDesk reported. Speaking at the Bitcoin MENA event, Saylor noted that Strategy currently issues perpetual preferred equity and digital credit in the U.S., which are products with no maturity date that pay regular dividends. There are currently five such products available in Japan, and Metaplanet is preparing to launch two new ones. Saylor added that he would give Metaplanet a 12-month window.