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

By: rootdata|2026/03/16 20:42:00
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Metaplanet CEO Simon Gerovich stated that Metaplanet plans to raise approximately $765 million through various channels to increase its Bitcoin holdings to 210,000 coins. The specific fundraising paths include raising about $255 million through a targeted issuance of new shares to global institutional investors (at a 2% premium), along with warrants at a fixed exercise price with a 10% premium, which could yield an additional approximately $276 million upon exercise.

In addition, Metaplanet has issued 100 million mobile exercise price warrants (MSW) with mNAV terms, with the condition that the stock price must be above 1.01 times the mNAV for exercise, which is expected to raise another $234 million. Simon Gerovich stated that this mechanism is designed to ensure that each newly issued share increases the per-share Bitcoin holdings and enhances shareholder value.

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