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

MarsBitNews · 2026-03-16T10:34:23+00:00

Metaplanet CEO Simon Gerovich stated that the company plans to raise approximately $765 million through multiple methods to increase its bitcoin holdings to 210,000 BTC, including issuing new shares to global institutions and issuing mobile exercise price warrants to enhance shareholder value.

MarsBitNews

2026-03-16 10:34:23

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Mars Finance reports that Simon Gerovich, CEO of Metaplanet, announced that Metaplanet plans to raise approximately $765 million through various channels to increase its Bitcoin holdings to 210,000 coins. The specific fundraising methods include: raising about $255 million (with a 2% premium) through a targeted issuance of new shares to global institutional investors, combined with warrants with a 10% premium and fixed exercise prices, which can yield an additional approximately $276 million upon exercise. In addition, Metaplanet has issued 100 million mobile warrants with mNAV terms, exercisable only if the stock price exceeds 1.01 times the mNAV, which is expected to raise another $234 million. Simon Gerovich stated that this mechanism is designed to ensure that each issuance increases the Bitcoin holdings per share and enhances shareholder value.

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