As per TechFlow, on October 28, Metaplanet disclosed a new capital allocation policy approved by its board. The company holds 30,823 BTC, making it Asia's largest Bitcoin asset manager. The policy includes three core principles: prioritizing perpetual preferred shares for financing to maximize Bitcoin returns, issuing common shares only when mNAV exceeds 1x, and implementing share buybacks when mNAV is below 1x to increase BTC per share. The company stated the policy aims to ensure financial flexibility and maximize long-term enterprise value.
Metaplanet Announces Share Buyback Plan When mNAV Falls Below 1x
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