Metaplanet Stock Rises 15% Amid $150M Share Buyback Plan

Metaplanet, a major corporate Bitcoin holder, saw its stock rise by 15% on the Tokyo Stock Exchange amid a Bitcoin price recovery to $92,500.
The company announced plans for a buyback of 150 million shares, although no buybacks have been executed yet. The number of treasury shares has increased to 26,311.
Metaplanet secured a $130 million loan in November 2025 to expand its Bitcoin holdings, with a focus on disciplined capital allocation and further BTC accumulation.
CEO Simon Gerovich stated that the share buyback aims to improve capital efficiency and maximize Bitcoin yield. In Q4 2025, despite challenging conditions, the company achieved a 568% Bitcoin yield.
The company's mNAV stands at 1.11, indicating a stable enterprise value relative to its market Bitcoin holdings.
After an 80% drop in stock value due to Bitcoin's poor performance in the second half of 2025, Metaplanet's stock has rebounded by nearly 38%, rising 20% over the past month and 35% over the past year.
Metaplanet aims to accumulate 100,000 BTC by the end of 2026, recently purchasing 4,279 Bitcoin for approximately $451 million, bringing total holdings to 35,102 BTC.