In a bold move signaling its commitment to a robust Bitcoin strategy, Metaplanet has announced a $500 million share buyback program that is set to enhance its capital position in the cryptocurrency market. The initiative will see the company repurchase up to 150 million shares, which constitutes approximately 13.1% of its outstanding stock, during a designated timeframe from October 29, 2025, to October 28, 2026, on the Tokyo Stock Exchange.
The buyback scheme, recently approved by the Metaplanet board, is part of its overarching goal to accumulate a total of 210,000 BTC, equating to 1% of the entire Bitcoin supply, by the year 2027. This initiative not only emphasizes Metaplanet’s aggressive strategy for capital efficiency but also aims to bolster its Bitcoin Yield, enhancing value for its shareholders.
Backed by a $500 million credit facility secured by its Bitcoin reserves, the buyback program reflects a disciplined approach to capital allocation. This facility can potentially finance further Bitcoin purchases or investments in income streams powered by Bitcoin, showcasing Metaplanet’s strategic intent to optimize its balance sheet and investor returns.
By implementing this discretionary trading agreement, the company hopes to mitigate short-selling pressures while reinforcing its intrinsic value. Analysts have noted that the firm is responding effectively to market conditions, particularly addressing the situation where its multiple-to-net-asset-value ratio fell below the critical mark of 1.0x.
Simon Gerovich, the company’s CEO, emphasized the importance of the new Capital Allocation Policy in guiding the firm’s financial and investment decisions, further solidifying its intent to maximize Bitcoin yields and enhance long-term corporate value.
This ambitious plan illustrates Metaplanet’s dedication to elevating long-term shareholder value and positions it as a leading player in the cryptocurrency ecosystem. By increasing its Bitcoin holdings, the company is not only reinforcing its status but also asserting itself as the largest Bitcoin holder in Asia and the fourth-largest globally.
As the implementation date approaches, market observers will be keenly watching how this buyback impacts Metaplanet’s stock performance and Bitcoin positioning, further adding to the dynamic landscape of cryptocurrency investment strategies.
