Metaplanet has approved a massive ¥75.4 billion (~$500 million) share repurchase plan aimed at boosting Bitcoin returns and shareholder value. Announced on October 28, the company will buy back up to 150 million shares — about 13.1% of its float — over the next year through the Tokyo Stock Exchange. The move strengthens its Bitcoin-focused capital strategy while enhancing its “BTC Yield,” or Bitcoin held per share.

The buyback will be funded through a $500 million Bitcoin-backed credit facility, giving Metaplanet flexibility to repurchase shares or expand its BTC holdings. With 30,823 BTC worth roughly $3.5 billion, the company stands as Asia’s largest public Bitcoin holder and the fourth-largest globally.

Analysts say the program could ease market pressure and lift Metaplanet’s valuation as its market value dips below its net-asset multiple. The firm’s long-term goal remains bold — to accumulate 210,000 BTC, or about 1% of total Bitcoin supply, by 2027.

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