Particle.news
Download on the App Store

Metaplanet Shares Climb as Crypto Rally Follows Buyback Update and Q4 Bitcoin Disclosure

A filing shows no repurchases have been executed under the announced buyback.

Overview

  • Metaplanet gained 10.7% by midday Tuesday in Tokyo after a 19.17% jump in its U.S.-traded OTC shares on Monday.
  • The company disclosed it bought 4,279 BTC in Q4 2024, lifting total holdings to 35,102 BTC worth about $3.29 billion at recent prices.
  • The latest filing confirms the buyback program remains unexecuted and notes treasury shares held rose to 26,311, with mNAV around 1.11.
  • Bitcoin briefly moved above $94,000 before trading near $93,835, while crypto-linked equities including Coinbase, Bakkt, and several miners posted broad gains.
  • Metaplanet continues to pursue its accumulation strategy, backed by a $130 million loan secured in November 2025 and a stated goal of reaching 100,000 BTC by end-2026.