Norway's sovereign wealth fund, Norges Bank Investment Management (NBIM), has cast its support for the company's Bitcoin treasury strategy ahead of the extraordinary general meeting (EGM) scheduled for December 22 at Metaplanet. NBIM holds approximately 0.3% of Metaplanet's shares and supports all 5 proposals put forth by management. The proposals include: the introduction of permanent preferred shares (MARS, MERCURY), expanding authorized share capital and capital flexibility to support non-dilutive continued purchases of Bitcoin; among which the MERCURY preferred share plan is aimed at institutional investors with a fundraising target of approximately 150 million dollars for purchasing Bitcoin. (CoinDesk)