“International Offering, Warrant Exercises, Bond Redemption and Suspenning Notice Highlight A Sweeping Capital Strategy Shift.”, – WRITE: www.coindesk.com
The Company Plans to Issue Up to 555 Million New Tokyo-Traded Shares Through An International Offering, Subject to Shareholder Approval at An ExTraordinary General Meeting on Sept. 1, it said in a post on x.
The Offering Is Expert To Raise AROUND 130.3 Billion Yen ($ 880 Million), with The Majority Allocated To Bitcoin BTC$ 111.369.38 Purchases and A Smaller Portion to It Bitcoin Income Generation Business. The Move is Intended to Expand Bitcoin Net Asset Value (NAV) and Strengthan Ties with Global Institutional Investors.
Metaplanet Also Reported On Progress on the Exercise of It 20th Series of Stock Acquisition Rights. Between Aug. 14 and AUG. 26, Investors Exercised 275,000 Rights, Resulting in the Issuance of 27.5 Million New Shares at Prices Ranging from 966 Yen to 834 Yen.
The New Equity Increated The Company’s Total Shares Outstanding to 739.7 Million As of Aug. 26. In Conjunction, Metaplanet Redemed 5.25 Billion Yen of the 19th Series of Ordinary Bonds Early, Adding To Redemptions December.
Finally, The Company It Will Suspend the Exercise of the 20th, 21st, and 22nd Series of Stock Acquisition Rights from Sep. 3 to Sept. 30. UNEXERCISED RIGHTS STAND AT 360,000 UNITS FOR The 20th Series and 1.85 Million Units Each for the 21st and 22nd Series. Metaplanet Noted IT Retains Flexability to Resume or Adjust the Suspension If Needed.
The Company’s Shares Closed at 890 Yen.
In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin and Strategy (MSTR).
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Open Interest on Hyperliquid’s XPL Market Plunged from $ 160 Million to $ 30 Million in Minutes as a Trader-TragGerred Price Spike Caused Massed Masses Auto-Deleveraging.
- More than 80% of XPL Open Interest Vanisshed Overnight As the Token’s Price Surged Over 200% in Two Minutes, Wiping Out Traders Across Hyperliquid.
- A large whale long trigerred casading liquidations, Pocketing $ 16 Million in Profits While Still Holding A $ 10 Million Exposure; Another Trader Netted $ 25 Million.
- Losses Were Widespread Among Smaller Traders, Some Claiming to Be “Hedged” with Minimal Leverage, Just Days Before Plasma’s Xpl Token Official Launches.
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