Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

metaplanet-turns-to-bitcoin-leverage-for-$500m-buyback-after-stock-value-slips-below-btc-stash
Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Metaplanet’s market-based net asset value (mNAV) fell to 0.88 last week, prompting the Tokyo-listed Bitcoin treasury company to launch the Bitcoin-backed share buyback.

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