{"id":177542,"date":"2025-10-28T13:00:34","date_gmt":"2025-10-28T11:00:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=177542"},"modified":"2025-10-28T12:46:19","modified_gmt":"2025-10-28T10:46:19","slug":"crypto-firm-bets-half-a-billion-on-bitcoin-to-win-back-investors","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-firm-bets-half-a-billion-on-bitcoin-to-win-back-investors\/","title":{"rendered":"Crypto Firm Bets Half a Billion on Bitcoin to Win Back Investors"},"content":{"rendered":"
The Tokyo-listed firm announced that its board approved the repurchase of up to 150 million shares \u2013 roughly 13% of its total \u2013 to be carried out through the Tokyo Stock Exchange over the next two years. The move follows a sharp dip in Metaplanet\u2019s market-based net asset value (mNAV), which recently fell to 0.88 before recovering slightly.<\/p>\n
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To finance the buyback, Metaplanet secured a Bitcoin-collateralized credit facility worth half a billion dollars. The credit line will give the firm flexibility to either repurchase shares or expand its Bitcoin holdings, and could later serve as a bridge toward issuing preferred stock.<\/p>\n
Despite temporarily pausing new Bitcoin purchases during the mNAV decline, Metaplanet still holds over 30,000 BTC \u2013 valued at about $3.5 billion \u2013 and remains committed to its long-term target of 210,000 BTC by 2027.<\/p>\n