Japanese Firm Metaplanet Pioneers Bitcoin-Backed Share Buyback

In a groundbreaking corporate finance maneuver, Tokyo-based Metaplanet has announced an extensive share repurchase initiative entirely funded using its Bitcoin holdings as collateral. The company secured a $500 million credit facility (approximately ¥75 billion) backed by its digital currency reserves, marking a strategic shift from passive cryptocurrency investment to active treasury management.

The buyback program, scheduled to run from October 29, 2025, through October 28, 2026, will be executed on the Tokyo Stock Exchange. Metaplanet intends to acquire up to 150 million of its own shares, representing 13.13% of its total outstanding equity.

This unconventional approach emerges as Metaplanet’s market valuation recently dipped below the value of its Bitcoin reserves. Management aims to restore investor confidence and enhance Read more...