Listen to the article
Japan-based Bitcoin-focused investment firm Metaplanet announced the launch of a share buyback plan to increase capital efficiency and maximize Bitcoin (BTC) returns.
Metaplanet Launches $500 Million Stock Buyback Plan to Boost Bitcoin Returns
The company’s CEO, Simon Gerovich, said in a statement that the board also approved a significant financing arrangement as part of the plan.
According to official documents, the Metaplanet board of directors has established a credit line of $500 million (approximately 764 billion Japanese yen).
This loan structure allows the company to quickly borrow money using its Bitcoin holdings as collateral. The funds can be used for new BTC purchases, Bitcoin-yielding investments, or the repurchase of company shares.
Gerovich emphasized that this strategic move will increase Metaplanet’s flexibility in capital allocation and strengthen shareholder value in the long term.
Metaplanet, which became known as Japan’s “Bitcoin treasury” by mid-2024, converted a large portion of its reserves into BTC. Experts say the new buyback plan will both bolster the company’s market value and set a new example for Bitcoin-focused corporate strategies.
*This is not investment advice.
