Japanese Firm Metaplanet Pioneers Bitcoin-Backed Share Buyback Strategy

Metaplanet, the Japanese investment company, is advancing its Bitcoin-focused corporate strategy through an unprecedented financial maneuver. In a landmark announcement, the company revealed plans for an extensive share repurchase initiative valued at 75 billion yen, uniquely funded through leveraging its substantial Bitcoin reserves.

Trading on the Tokyo exchange concluded Friday with Metaplanet shares priced at 491 yen. Market observers suggest this positioning may represent merely the initial phase of a significant valuation adjustment.

The buyback program, formally disclosed this Tuesday, is scheduled to run through October 2026. This twelve-month initiative authorizes the acquisition of up to 150 million company shares, representing 13.13% of total outstanding equity.

What distinguishes this corporate action is its financing Read more...