Overview
- The 20-trading-day halt covers all remaining 20th–22nd series stock acquisition rights issued in June under a repurchase deal with Evolution Japan Securities’ EVO Fund.
- Metaplanet retains the contractual option to resume or extend the suspension depending on market conditions.
- The affected rights represent roughly 398 million potential shares, according to the company notice reported by Blockonomi.
- Leadership frames the step as a move to optimize capital formation and maximize Bitcoin yield while continuing to build the corporate BTC treasury.
- CoinDesk reports the pause effectively stops near-term stock sales to fund further bitcoin purchases as the share valuation neared net asset value, with holdings cited at about 30,823 BTC.