Overview
- The board authorized repurchases of up to 150 million shares, about 13.1% of outstanding stock, via the Tokyo Stock Exchange from October 29, 2025 to October 28, 2026.
- Funding comes from a $500 million credit facility secured by Bitcoin that can also be used for additional BTC purchases, BTC income investments, or bridge financing ahead of preferred share issuance.
- Metaplanet holds 30,823 BTC valued at roughly $3.5 billion and reaffirmed its target of 210,000 BTC by the end of 2027.
- The company paused new Bitcoin purchases when its market-based NAV fell to 0.88 last week, and the measure has since recovered to about 1.03.
- Shares jumped roughly 10% intraday to around 519–541 JPY before easing as investors digested the buyback and financing plan.