Metaplanet CEO: Plans to raise approximately $765 million to increase Bitcoin holdings

ZkProver · 2026-03-16T10:04:23+00:00

Metaplanet CEO Simon Gerovich announced plans to raise approximately $765 million through multiple channels to increase its Bitcoin holdings to 210,000 BTC. The fundraising methods include issuing new shares to global institutional investors and issuing mobile strike price warrants with mNAV provisions, aimed at enhancing per-share Bitcoin holdings and increasing shareholder value.

ZkProver

2026-03-16 10:04:23

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ChainCatcher News, Metaplanet CEO Simon Gerovich announced that Metaplanet plans to raise approximately $765 million through various channels to increase Bitcoin holdings to 210,000 coins. The specific fundraising methods include: raising about $255 million (at a 2% premium) through a targeted issuance of new shares to global institutional investors, combined with warrants with a 10% premium at a fixed exercise price, which can yield an additional approximately $276 million upon exercise.

In addition, Metaplanet has issued 100 million mobile warrants with mNAV terms (MSW), exercisable if the stock price exceeds 1.01 times the mNAV, potentially raising another $234 million. Simon Gerovich stated that this mechanism aims to ensure that each issuance of shares increases the Bitcoin holdings per share and enhances shareholder value.

BTC2.76%

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