TechFlow News from Deep Tide: On March 16, according to disclosure by Metaplanet Chief Executive Officer Simon Gerovich, the company has issued 100 million Moving Strike Warrants, which are expected to raise approximately $234 million in additional capital. The raised funds will be specifically used for purchasing BTC.



This warrant issuance pioneered the introduction of mNAV (market value-to-net asset value ratio) clauses, stipulating that exercise is only possible when the stock price is higher than 1.01 times mNAV, ensuring that each new share issuance creates accretive value for shareholders, and fundraising is only triggered when it makes a positive contribution to BTC holdings per share.
BTC2.91%
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