Metaplanet Launches $500M Share Buyback to Boost Capital Efficiency and Reverse mNAV Decline

TL; DR: Metaplanet Inc. is launching a share repurchase program to buy back up to 150 million shares (13.13% of the total, costing up to JPY 75 billion) by October 2026. This is intended to boost its stock price, which the company feels is undervalued given its significant holding of 30,823 \text{BTC}, and to maximize its \text{BTC} Yield.

Top comment by @Danicjade

More coverage

• Metaplanet Launches $500M Share Buyback Amid mNAV Concerns (bitbo.io)
• Crypto News Today: Metaplanet Launches $500M Bitcoin-Backed ... (binance.com)
• Metaplanet's Announces $500M Bitcoin Buybacks: Can It Lift BTC ... (webull.com)
• LATEST: Metaplanet plans a $500M Bitcoin-backed leverage and ... (x.com)
• Metaplanet Launches $500M Buyback to Close NAV Gap | MEXC ... (mexc.com)

Explore the topic

• Metaplanet
• Buybacks