TechFlow reported on September 10 that Japanese listed company Metaplanet announced its management will exercise stock acquisition rights in the 11th round. This exercise will raise 299.7 million yen (approximately $2.05 million), all of which will be used to purchase Bitcoin. The company stated it has received the full payment for the exercise price on the same day. Exercise notices are expected to be sent to shareholders and stock issuance to retail investors will begin after September 18. This exercise involves 540,000 units of warrant, but specific exercisers, quantities, and amounts have not been disclosed.
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