Metaplanet has formulated a stock repurchase plan to enhance capital efficiency and maximize BTC returns.

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On October 28, Simon Gerovich, CEO of the Japanese Bitcoin treasury company Metaplanet, stated on social media that Metaplanet has established a stock repurchase plan to improve capital efficiency and maximize BTC returns. The board also approved a credit arrangement to enable flexible execution of the company's capital allocation strategy. According to the published document, to facilitate the flexible execution of the repurchase plan, the board has approved a credit arrangement with a maximum financing limit of 500 million USD (approximately 76.4 billion JPY). This arrangement allows the company to quickly execute loans through Bitcoin collateral at its discretion. The funds raised can be used to increase BTC holdings, invest in BTC yield businesses, or conduct share buybacks.

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