Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Home » Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Metaplanet’s market-based net asset value (mNAV) fell to 0.88 last week, prompting the Tokyo-listed Bitcoin treasury firm to launch the Bitcoin-backed share buyback.

Leave a Comment

Your email address will not be published. Required fields are marked *