Metaplanet buys back 96.45M shares for ¥25.27B as stock rises 2.46%
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11 Articles
Bitcoin.com
BITRSSMetaplanet Buys Back 96.4M Shares to Boost Bitcoin Per Share
Metaplanet repurchased 96.4 million shares in just over two weeks, deploying about $160 million as the bitcoin treasury company shifts capital toward reducing its share count. The Tokyo-listed firm has already completed nearly half of its authorized buyback of shares while simultaneously freeing more capital for future bitcoin purchases. Metaplanet Turns Its Stock Into a […]
Metaplanet confirmed to the Tokyo Stock Exchange the advance amortization of its 20 Series ordinary bonds held by EVO FUND, worth ¥8 billion (approximately $50.7 million). By paying off this interest-free debt using cash available before its expiry in April 2027, the firm released an equivalent amount collected through the bank's... Read more
Metaplanet frees ¥8B for Bitcoin after early bond payoff
Metaplanet (TYO: 3350) confirmed early cash repayment of its ¥8 billion in bonds on Monday, a move that frees a corresponding amount of money to fund the firm’s Bitcoin accumulation plans. The leading Japanese corporate Bitcoin holder has now reached 42% capacity on the ¥60 billion planned for share buybacks. Metaplanet frees funds for Bitcoin...
Metaplanet Stock Rises as ¥25B Buyback Counters Bitcoin Risk
Metaplanet stock recovered on Nov. 2 after the Japanese Bitcoin treasury company disclosed further share repurchases. Shares climbed from ¥238 to close at ¥250, gaining 2.46% despite Bitcoin remaining below $80,000. The company reported buying back ¥25.27 billion in shares through October. It also announced an early debt repayment and revised funding plans …
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