Metaplanet Unleashes $500M Bitcoin-Backed War Chest & Mega Buyback – Stock Surges 10%

With 30,823 BTC (roughly $3.5 billion), Metaplanet, Japan's Bitcoin treasury titan, secured a $500 million credit facility backed by its Bitcoin stack. Without selling even one satoshi, the adaptable funding powers aggressive share repurchases, more BTC purchases, and yield-generating crypto plays. With this capital-efficient move, Metaplanet becomes the leading public BTC holder in Asia and the fourth largest corporate whale globally.

Through October 2026, the corporation began a ¥75.4B buyback, approximately $500 million, to buy up to 150 million shares—13.1% of floating shares—in a parallel strike. mNAV under 1.0x—where market cap lags Bitcoin holdings—CEO Simon Gerovich aims to "maximize Bitcoin yield per share" and restore investor confidence while the stock trades at a heavy reduction to its crypto-backed intrinsic value.

The twin declarations set the market on fire: shares jumped 10% intraday, capping a 25% weekly rise and driving YTD profits to 53%. Eyeing a Metaplanet is redefining corporate Bitcoin strategy—using digital gold to protect equity value and so improve shareholder returns—aiming 210,000 BTC, or 1% of supply, by 2027.