Metaplanet unveils $500M Bitcoin-backed share buyback

Metaplanet unveils $500M Bitcoin-backed share buyback

Metaplanet has announced a bold financial strategy combining Bitcoin leverage with an extensive share repurchase program.

The Tokyo-listed firm’s board approved the plan on October 28, 2025, marking another milestone in its ongoing Bitcoin Treasury Strategy.

The company revealed that it secured a credit line worth $500 million, or about ¥76.4 billion, to support this move.

This facility enables Metaplanet to borrow against its Bitcoin holdings whenever necessary, providing flexibility for share buybacks and additional BTC purchases.

The firm currently holds 30,823 BTC, valued at around $3.5 billion, making it the fourth-largest public Bitcoin holder globally and the biggest in Asia.

Metaplanet aims to increase its total holdings to 210,000 BTC by the end of 2027, underscoring its long-term commitment to BTC as a reserve asset.

Metaplanet to repurchase 150M shares worth ¥75B

Under the new initiative, Metaplanet will repurchase up to 150 million of its common shares, representing 13.13% of its issued stock, excluding treasury shares.

The buyback period runs from October 29, 2025, to October 28, 2026, with a budget cap of approximately ¥75 billion. Purchases will take place on the Tokyo Stock Exchange through a discretionary trading agreement.

Executives noted that the stock’s current price does not reflect the company’s real value, especially given its significant Bitcoin reserves. The buyback is designed to enhance shareholder value and increase the Bitcoin yield per share.

$500M credit line to support Metaplanet’s Bitcoin plan

The $500 million facility forms part of Metaplanet’s broader capital allocation policy, allowing the firm to respond swiftly to market conditions.

The company described it as bridge financing ahead of a planned preferred share issuance.

This flexible approach positions Metaplanet to optimize capital efficiency while maintaining its long-term Bitcoin growth target.

With Bitcoin-backed financing gaining traction among global firms, Metaplanet’s move highlights a growing trend of using digital assets for strategic corporate leverage.

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