[Metaplanet Delays Preferred Stock Listing Plan Due to Challenges in the Japanese Market Structure] According to Deep Tide TechFlow, on May 14, Metaplanet CEO Simon Gerovich stated that the company has postponed its planned listing of Mars and Mercury preferred stocks due to the immaturity of Japan's preferred stock market and restrictions imposed by exchange regulations. He noted that Japanese exchanges require preferred stock dividends to be supported by sustainable and recurring cash flows, while Metaplanet still needs to demonstrate that its Bitcoin revenue business can generate stable returns under varying market conditions. Additionally, the company plans to distribute dividends monthly, but the Japanese market typically operates on an annual or semi-annual dividend schedule, with the necessary infrastructure yet to be fully developed. Metaplanet currently holds 40,177 BTC, and its stock price has fallen 25% year-to-date.