Metaplanet Executives Exercise Stock Acquisition Rights to Fund Bitcoin Purchases; Shares Up 8%

MT Newswires Live

Sep 10, 2024

Metaplanet (TYO:3350), a Tokyo-based technology firm specializing in blockchain and digital assets, said that its management exercised the 11th series of stock acquisition rights, according to a Monday filing on the Tokyo Stock Exchange.

The shares, resulting from the exercise, are set to be delivered after Sept. 18, following the notice to shareholders.

The company confirmed that the total exercise price of 299.7 million yen has been received, and the proceeds will be used to purchase Bitcoins.

The warrants were exercised by key executives, including representative director Simon Gerovich, director COO Yoshimi Abe, and CFO Yoshihisa Ikurumi, accounting for 540,000 of the 18.2 million issued warrants, or 2.97%.

Shares of the company were up nearly 8% in recent trade.

Price (JPY): $1123.00, Change: $+83, Percent Change: +7.98%

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Shares Up 8% Metaplanet (TYO:3350), a Tokyo-based technology firm specializing in blockchain and digital assets, said...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1992135472.HKD","symbol_name":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2466211511","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466211511","pubTimestamp":1725931753,"columns":[],"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Metaplanet Executives Exercise Stock Acquisition Rights to Fund Bitcoin Purchases; Shares Up 8% Meta","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","03042":"华夏比特币","09008":"博时比特币-U","03008":"博时比特币","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","COIN":"Coinbase Global, Inc.","COO":"库珀医疗","BK4198":"医疗保健用品","09439":"嘉实比特币-U","BK4585":"ETF&股票定投概念","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IBIT":"比特币ETF-iShares","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","MARA":"MARA Holdings","09042":"华夏比特币-U","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","TYO":"3倍做空7-10年期国债ETF-Direxion","03439":"嘉实比特币","MSTR":"Strategy","BK4588":"碎股"},"translate_title":"Metaplanet高管行使股票收购权为购买比特币提供资金；股价上涨8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03008":1,"03439":1,"MARA":1,"09439":1,"09042":1,"IBIT":1,"COO":1,"TYO":1,"MSTR":1,"03042":1,"COIN":1,"09008":1},"content_text":"Metaplanet Executives Exercise Stock Acquisition Rights to Fund Bitcoin Purchases; 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