A company has taken a bold step in the world of cryptocurrency. Metaplanet, headquartered in Tokyo, has announced a massive $500 million Bitcoin-backed share buyback. This move comes after its market-based net asset value (mNAV) dipped below 1.0. To secure this bet and improve investor confidence, Metaplanet has secured a BTC-collateralized credit line for up to 150 million shares until 2026. The goal: maximize shareholder yield while restoring market confidence in the company’s financial strategy. This move marks a significant shift towards Bitcoin’s role as a strategic financial instrument. Metaplanet’s commitment to Bitcoin is underscored by its ambition to reach 210,000 BTC by 2027. As institutions increasingly turn to Bitcoin for portfolio stability, retail investors are exploring opportunities in meme coins like BullZilla ($BZIL). This new contender has seen an impressive 3,361% growth during its presale and is quickly becoming one of the top new meme coins to buy this October.