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

According to Mars Finance, Metaplanet CEO Simon Gerovich announced that Metaplanet plans to raise approximately $765 million through various channels to increase its Bitcoin holdings to 210,000. The specific fundraising paths include: raising approximately $255 million through a private placement of new shares to global institutional investors (at a 2% premium), coupled with warrants at a 10% premium with a fixed exercise price, which would raise an additional approximately $276 million upon exercise. In addition, Metaplanet has issued 100 million mobile exercise price warrants (MSWs) with mNAV terms, requiring the share price to be higher than 1.01 times the mNAV, which is expected to raise another $234 million. Simon Gerovich stated that this mechanism aims to ensure that each newly issued share increases the amount of Bitcoin held per share and enhances shareholder value.