Metaplanet stock actually surged 25% right after the Bitcoin buyback plan announcement on October 28, 2025. The Japanese investment firm revealed a $500 million credit facility that’s backed by Bitcoin holdings as part of its share repurchase program. Right now, Metaplanet holds 30,823 BTC worth approximately $3.5 billion, and this positions it as the fourth-largest listed Bitcoin treasury globally and also the largest in Asia.
Bitcoin Buyback Boosts Metaplanet Stock and Treasury Strategy
The board of directors approved a credit facility with a maximum borrowing capacity of around $500 million, or approximately 76.4 billion Japanese yen. This Bitcoin-backed credit enables the company to execute borrowings that are collateralized by BTC at any time. The Bitcoin buyback plan funds will be used for additional Bitcoin acquisitions, along with BTC Income business investments, or even share repurchases.
Share Repurchase Program Details and BTC Treasury Strategy
CEO Simon Gerovich stated:
“This strategic move will increase Metaplanet’s flexibility in capital allocation and strengthen shareholder value in the long term.”
The company’s official statement explained:
“Metaplanet has established a share repurchase program to enhance capital efficiency and maximize BTC Yield. The Board also approved a credit facility to enable flexible execution as part of the company’s capital allocation strategy.”
Also Read: Australia Declares Bitcoin and NFTs Not Financial Products Under New Rules
The share repurchase program actually targets up to 150 million common shares. This actually represents about 13.13% of total outstanding shares, excluding treasury shares. The program runs from October 29, 2025, through October 28, 2026, and will be executed on the Tokyo Stock Exchange. The Bitcoin buyback plan is particularly effective when the company’s mNAV falls below 1.0x.
Since April 2025, the company has been advancing its Bitcoin treasury strategy. The facility is positioned to serve as bridge financing for some planned future preferred share issuances. The company maintains its long-term objective of acquiring 210,000 BTC by the end of 2027.
Also Read: Metaplanet Adds $600M in Bitcoin, Joins Top 4 Public Holders
The Metaplanet stock response reflects strong investor confidence in the Bitcoin buyback plan. The $500 million Bitcoin-backed credit facility actually provides flexible execution capabilities, and this allows the company to respond to market conditions while focusing on Bitcoin treasury strategy expansion along with shareholder value maximization.