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Cointelegraph by Zoltan Vardai

Metaplanet secures $255M and unveils warrant program to expand 210,000 BTC treasury plan

Metaplanet announced on Monday that it raised $255 million in a private placement and introduced new warrant structures to support further Bitcoin purchases. The company priced new shares at a 2% premium and attached warrants at a 10% premium, which could add hundreds of millions of dollars toward its 210,000 BTC treasury target. Metaplanet, which currently holds 35,102 BTC and trades above its key mNAV threshold, also launched Moving Strike Warrants that may bring in an additional $234 million for its accumulation strategy.
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