CoinShares PLC (CSHRW) Warrant
Each CSHRW warrant gives the holder the right to buy 1 share of CoinShares PLC at $11.50 per share, until March 31, 2031. The stock last closed at $4.95, below the strike, so the warrant is out of the money. CoinShares PLC has a market value of about $652.31M. There are 1.04M listed warrants; exercising all of them would add 0.8% to the 131.78M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
CSHR vs strike, last 12 months
No share-price history for CSHR yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2031-03-31
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.45
From the issuer's 424B3 (2026-09-18).
Company and stock
- Company
- CoinShares PLC
- Underlying stock
- CSHR
- Share price
- $4.95
- Market cap
- $652.31M
- Shares outstanding
- 131.78M
- Value of all listed warrants
- $992.75K (0.2% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-04-30). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.9500
- Price / model
Get Pro to see whether CSHRW is cheap or rich against our model.
Dilution
- Shares outstanding
- 131.78M
- Listed warrants
- 1.04M
- Dilution if all exercised
- 0.8%
Warrant count from XBRL (single class reported).
Filings and events
- Terms source: 424B3
- Merger closed; the warrants became warrants of the combined company
Questions about CSHRW
When does the CSHRW warrant expire?
CSHRW expires on March 31, 2031.
What is the strike price of CSHRW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can CoinShares PLC redeem the CSHRW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many CSHRW warrants are outstanding?
1.04M listed warrants, equal to 0.8% dilution if all are exercised.