Svmuu reported that Metaplanet, Japan's largest corporate Bitcoin holder, has postponed its preferred stock listing plan. CEO Simon Gerovich stated that the delay is mainly due to the underdeveloped preferred stock market in Japan, regulatory requirements that preferred dividends must be supported by sustainable cash flow, and the company's plan to pay dividends monthly, a frequency far higher than the usual one to two times per year in the Japanese market. The planned instrument would be Japan's seventh listed preferred stock and the first perpetual preferred stock. Metaplanet previously announced the launch of two types of listed preferred stocks: Mars and Mercury.