@Metaplanet_JP is implementing a 10-1 share consolidation, combining ~162.5m shares into ~16.25m to enhance trading liquidity currently constrained by the ¥1 bid/ask spread. Additionally, subject to approval at the upcoming Extraordinary General Meeting, Metaplanet plans to increase its authorized shares by 300% to 65m, providing flexibility for future capital raises. The proceeds from these additional shares are intended for acquiring additional $BTC, aligning with the strategic objective as outlined in the April 23, 2024 disclosure.
@Metaplanet_JP is implementing a 10-1 share consolidation, combining ~162.5m shares into ~16.25m to enhance trading liquidity currently constrained by the ¥1 bid/ask spread. Additionally, subject to approval at the upcoming Extraordinary General Meeting, Metaplanet plans to increase its authorized shares by 300% to 65m, providing flexibility for future capital raises. The proceeds from these additional shares are intended for acquiring additional $BTC, aligning with the strategic objective as outlined in the April 23, 2024 disclosure.
Okay guys, Here we go♪