Overview
- CEO Simon Gerovich said the company will keep accumulating bitcoin, stressing no change to strategy despite recent volatility.
- Metaplanet holds 35,102 BTC acquired at an average cost near $107,000 per coin, leaving the position deeply underwater.
- The company plans to raise up to ¥21 billion through 24.53 million new shares priced at ¥499 and fixed-strike warrants under a third-party placement.
- Allotment and payment for the offering are scheduled for Feb. 13, with warrants exercisable from Feb. 16, 2026 through Feb. 15, 2027 to enable staged buying and debt reduction.
- Shares have fallen more than 60% over six months, the firm carries roughly $280 million in debt, and it still ranks as the fourth-largest public corporate holder of bitcoin.