- Metaplanet has exercised 5K stock acquisition rights, issuing 500K new shares from Feb 18-19.
- The company now holds 2,100 BTC after purchasing 68.59 BTC for $6.6 million at $96,335 per coin.
- Metaplanet plans a 10-for-1 stock split on April 1, following last year’s 1-for-10 reverse split.
Metaplanet has made a significant move in its stock acquisition strategy. The company announced that a significant part of the 13th series of stock acquisition rights was issued through a third-party allotment. This step is part of a broader financial strategy involving EVO FUND, which has invested ¥76,230,000 for the acquisition rights. The company issued a total of 210,000 stock acquisition rights, each granting holders the ability to acquire 100 shares of common stock.
According to the announcement, between February 18 and 19, 2025, the company delivered 500,000 shares(5,000 rights). This represents an 11.9% exercise ratio from the total issued stock acquisition rights of 42,000 units.
Market interest in Metaplanet has been rising. The company recently expanded its Bitcoin holdings to 2,100 BTC after purchasing an additional 68.59 BTC for $6.6 million. This accumulation aligns with its “21 million plan,” an initiative that has already raised $20 million in equity capital.
The financial strategy does not stop there. Metaplanet also announced a 10-for-1 stock split set for April 1, 2025. This follows a 1-for-10 reverse split carried out eight months ago. Investor’s outlook toward the company’s shares has become more optimistic as stock prices hover at 6,260 JPY.
With a total of 21,000,000 potential new shares available from the newly issued stock acquisition rights, the company aims to strengthen its financial position. The exercise price for stock acquisition rights amounts to ¥5,555, which can be modified depending on market conditions.
Analysts are closely watching Metaplanet’s stock movement. The exercise period for the new stock acquisition rights will last until February 17, 2027. During this period, the exercise price will be adjusted daily based on the Tokyo Stock Exchange closing prices. However, it will not fall below ¥2,555.
Related: Metaplanet Acquires Additional 269.43 BTC, Surge To 2000 BTC
Metaplanet’s partnership with EVO FUND also includes a lock-up agreement. The company is restricted from issuing additional shares without prior approval until all stock acquisition rights are exercised. This measure aims to prevent dilution and maintain shareholder value.
Investors are now weighing the potential impacts of Metaplanet’s latest financial moves. The company’s Bitcoin accumulation, stock split strategy, and newly issued stock acquisition rights indicate a long-term vision focused on both digital and traditional assets.
