Overview

• Metaplanet will suspend exercises of its 20th–22nd series of Moving Strike stock-acquisition rights from Oct. 20 to Nov. 17.
• The halted rights were issued via a third-party allotment to Evo Fund (Evolution Japan Securities) under a repurchase agreement.
• The company cites dilution risk as shares trade near bitcoin net asset value following a prolonged slide in the stock.
• Metaplanet retains the option to resume or extend the pause under the agreement and says it is refining its capital-raising tools.
• The firm reports holdings of 30,823 BTC and reiterates plans to keep developing new financing instruments to support future accumulation.