Strategy will not launch permanent preferred shares or "digital credit" products in Japan within the next 12 months

According to CoinDesk, Strategy (MSTR) Executive Chairman Michael Saylor confirmed at the Bitcoin MENA conference that the company will not launch permanent preferred shares or "digital credit" products in Japan within the next 12 months, giving Metaplanet a 12-month market first-mover advantage. Metaplanet plans to launch two new digital credit tools, "Mercury" and "Mars," which will target Strategy's STRK and STRC products, respectively.

Among them, Mercury will offer a 4.9% yen yield, approximately ten times the yield on bank deposits in Japan. As Japan does not allow market sales (ATM), Metaplanet will adopt a Mobile Strike Warrant (MSW) mechanism. Metaplanet CEO Simon Gerovich expressed hope to complete the listing of Mercury before early 2026.