Japanese bitcoin treasury company Metaplanet has announced a stock buyback plan following a board meeting on October 28, 2025, according to PANews. This decision reflects the company’s belief that its current share price doesn’t reflect its true value due to increased market volatility and declining mNAV (metric net asset value). The buyback strategy is part of Metaplanet’s capital allocation policy, aiming to optimize Bitcoin yield and improve financial efficiency. It will be particularly impactful when mNAV falls below 1.0 times. To facilitate flexible execution, the board has approved a credit agreement with a borrowing limit of up to $500 million (roughly 76.4 billion yen), enabling them to swiftly acquire bitcoin using secured borrowing at their discretion.