Metaplanet shareholders approved two classes of dividend-paying preferred shares designed to fund Bitcoin acquisitions without diluting common stockholders, while launching a U.S. ADR program to improve trading access for American investors in its $2.7 billion treasury.
Bitcoin has fallen below the $90,000 level, extending a pullback from its recent peak near $120,000 as investors grapple with uncertain macroeconomic signals.
Russia's Central Bank acknowledges crypto mining bolsters the ruble and senior officials advocate for export classification, though widespread illegal operations continue costing billions in lost tax revenue despite November 2024 legalization efforts.
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