Metaplanet to Buy Back Shares, Securing Up to $500 Million with Bitcoin Collateral

Metaplanet, which utilizes Bitcoin (BTC) as a corporate asset, announced on the 28th that it has established a new buyback program and concurrently secured a credit facility of up to $500 million (approximately 76.4 billion yen) using BTC as collateral. The funds raised will be allocated not only for share repurchases but also for additional acquisitions of BTC and income-generating ventures (yield operations), aiming to balance shareholder returns with capital efficiency. The company explained that 'at our discretion, we can dynamically execute borrowing against BTC collateral at any time.' According to the resolution passed by the board of directors, the maximum number of shares to be acquired is 150 million (13.13% of issued shares...