Metaplanet KK (JP:3350) has released an update.
Metaplanet Inc. has announced that its management will exercise the 11th series of stock acquisition rights, with the shares to be distributed post-September 18 and used to attract general investors. The company has already received the full exercise price, which will be invested in purchasing Bitcoin. The total proceeds from the exercised warrants amount to 299.7 million Yen.
For further insights into JP:3350 stock, check out TipRanks’ Stock Analysis page.