Metaplanet CEO acquires 64 million shares via Series 10 rights exercise

  • Simon Gerovich exercised Metaplanet’s 10th Series Stock Acquisition Rights for 64,032,000 shares.
  • His holdings increased from 15,555,500 to 79,587,500 shares, representing roughly 5.9%.
  • The acquired shares are subject to a lock-up agreement running until August 17, 2031.

Metaplanet (3350) CEO Simon Gerovich acquired 64,032,000 common shares by exercising 92,000 units of the company’s 10th Series Stock Acquisition Rights on August 28. His total holdings rose from 15,555,500 to 79,587,500 shares, representing roughly 5.9% of the Tokyo-listed Bitcoin treasury company. The purchase followed a dilution-driven decline in his reported stake from 17.99% to 14.19%, rather than any sale of shares. The newly acquired shares are subject to a lock-up through August 17, 2031. Metaplanet holds approximately 43,000 BTC, has expanded into financial services through Metaplanet Securities, formerly Siiibo Securities, and is developing the US-focused Bitcoin treasury platform Superplanet.

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