Metaplanet Cuts Series 10 Rights 41% and Raises Bitcoin Per Share
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TLDR: Metaplanet cuts Series 10 rights 41%, reducing potential shares from 319 million to 188 million. The revised 1:410 ratio removes over $220 million in warrant value from the Series 10 structure. Metaplanet says Bitcoin per fully diluted share will rise approximately 8.8% under the changes. Unvested Series 10 warrants now face exercise restrictions running [...]
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Source: Source: Blockonomi