Metaplanet CEO acquires 64.032 million shares, raises stake to 5.9%

  • Simon Gerovich exercised 92,000 of Metaplanet’s 10th stock acquisition rights to acquire 64.032 million shares, raising his holdings to 79.5875 million, or approximately 5.9%.
  • The newly acquired shares cannot be sold or transferred on the market until August 17, 2031, although the issuance creates dilution.
  • Metaplanet holds 43,000 BTC, while Gerovich says Asia’s underused capital and limited Bitcoin access could drive the next growth cycle.

Metaplanet CEO Simon Gerovich exercised 92,000 of the company’s 10th stock acquisition rights effective August 28, acquiring 64.032 million common shares and increasing his holdings from 15.5555 million to 79.5875 million, or approximately 5.9% of the company. The shares are locked until August 17, 2031, limiting near-term secondary-market selling pressure despite dilution. Gerovich said Bitcoin had likely bottomed after a roughly 50% drawdown and that Asia could lead its next growth cycle, citing Japan’s approximately $14 trillion household asset base and limited regional access to Bitcoin. Metaplanet holds 43,000 BTC, which Gerovich described as the third-largest publicly listed corporate Bitcoin holding globally and the largest in Asia.

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