TOKYO, Jun 09 (Pulse News Wire) – Metaplanet Inc. (3350.T) announced today that its board of directors resolved to adjust the exercise price floor for its 27th warrant issue, originally set at ¥298, to ¥187.
The adjustment takes effect on June 12, 2026. The initial issuance was made on April 01, 2026, with the previous floor price being ¥298 and the revised price now standing at ¥187. This decision follows the company's capital allocation policy aimed at expanding bitcoin holdings per share through raised funds.
However, due to a significant decline in bitcoin prices—down approximately 16.6% since March 16, 2026—the company recognized the need to maintain flexibility in funding mechanisms tied to future market conditions. The revision ensures that should the modified Net Asset Value (mNAV) exceed 1.01 times in the future, the company can swiftly execute the warrant to secure necessary funds without compromising its strategic objectives. Notably, the adjustment does not alter the underlying conditions stipulated during the initial issuance, such as the mNAV threshold requirement for exercising warrants.
Metaplanet remains committed to its disciplined approach towards enhancing shareholder value while adapting to evolving market dynamics.
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