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- Metaplanet stock jumps over 10%, extending weekly gains to 25%.
- $500M credit facility and share repurchase program boost BTC yield strategy.
- Company holds 30,823 BTC with mNAV at 1.05 and $281M in unrealized profit.
Metaplanet, Asia’s fourth-largest Bitcoin treasury, saw its stock jump over 10% on Tuesday following the announcement of a new capital allocation policy, share repurchase program, and $500 million credit facility. The firm’s weekly gains have now exceeded 25%, reflecting renewed investor confidence.
Strategic Capital Allocation to Boost BTC Value
Metaplanet revealed its updated capital allocation strategy on October 28, aiming to maximize long-term corporate value and optimize returns for shareholders. The policy addresses key market challenges, including the recent dip in the firm’s enterprise value below its Bitcoin holdings, known as mNAV.
The three core principles of the strategy include:
- Efficient use of perpetual preferred shares to enhance BTC yield.
- Pausing common share issuances when mNAV drops below 1.
- Executing share buybacks to maximize Bitcoin returns.
By focusing on these areas, Metaplanet seeks to maintain its edge as a major institutional Bitcoin holder while protecting shareholder value amid market volatility.
*Notice Regarding the Establishment of Capital Allocation Policy* pic.twitter.com/GKo9dOktBB
— Metaplanet Inc. (@Metaplanet_JP) October 28, 2025
Share Repurchase Program and $500 Million Credit Facility
The company also confirmed a share repurchase initiative targeting 150 million shares by October 29, 2026. CEO Simon Gerovich explained that the program will strengthen capital efficiency while boosting BTC yield.
Metaplanet can fund buybacks using cash, proceeds from preferred shares, credit facilities, or revenue from its Bitcoin income-generating operations. The $500 million credit facility adds flexibility, allowing the firm to invest further in Bitcoin, expand income-generating operations, or support share repurchases.
Currently, Metaplanet holds 30,823 BTC, valued at nearly $3.5 billion, with a staggering 496.4% BTC yield year-to-date. Its mNAV now sits at 1.05, with $281 million in unrealized Bitcoin profits.
Market Reaction and Outlook
Metaplanet’s stock reached a high of 541 JPY on Tuesday, with trading volume surging to over 75 million—well above the average 49 million shares. The breakout above a descending trendline has brought the year-to-date return close to 53%, signaling strong investor interest.
Also Read: Metaplanet Stock Drops 12% as Bitcoin Holdings Outpace Market Value
BTC itself trades around $113,850, down slightly in the past 24 hours, but overall market momentum remains supportive for institutional holders like Metaplanet.
Metaplanet’s decisive capital allocation moves, combined with a robust Bitcoin treasury, indicate a strategy focused on long-term growth, shareholder value, and BTC yield maximization.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
