Source disclosure: February 25, 2026, 16:00 JST
Bitcoin Japan Corporation [8105.T]
TOKYO, Feb 25 (Pulse News Wire) -- Bitcoin Japan Corporation (8105.T), formerly known as Horida Marusei Co., Ltd., announced today that it had experienced significant exercise of its first tranche of warrant shares during the period from February 2 to February 25, 2026. The company, headquartered in Sumida Ward, Tokyo, disclosed this information under the leadership of CEO Philip Road.
The warrants were initially issued on December 15, 2025, to Macquarie Bank Limited. During the specified period, a total of 14,097 warrants were exercised, resulting in the issuance of 1,409,700 new shares. This represents approximately 10% of the total number of warrants issued, which was 140,500. As of the end of January, there were 72,994 unexercised warrants corresponding to 7,299,400 potential new shares. By the current date, however, only 58,897 warrants remain unexercised, representing 5,889,700 shares.
Detailed exercise activity began on February 4 when 34,700 shares were transferred at an exercise price of ¥208 per share. On February 5, significantly more shares—600,000—were transferred at the same price of ¥208 each. Subsequent exercises included smaller transactions on various days up until February 25, where another 75,000 shares were transferred at ¥210 per share. Throughout the month, the exercise prices fluctuated between ¥208 and ¥236.
As of the last disclosure, the outstanding share count stood at 66,390,948 shares, including 3,396,207 treasury shares. For further details regarding the issuance of these warrants, investors can refer to the announcement made on November 28, 2025, titled “Notice Regarding the Issuance of First Tranche Warrants with Exercise Price Adjustment Clause through Third Party Allocation.”
Contact for inquiries is Executive Director Management Department Head Yabe Kazuhisa, reachable by phone at 03-6824-9481.
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