Metaplanet Buys Back 96.4M Shares to Boost Bitcoin Per Share
Metaplanet repurchased 96.4 million shares in just over two weeks, deploying about $160 million as the bitcoin treasury company shifts capital toward reducing its share count. The Tokyo-listed firm has already completed nearly half of its authorized buyback of shares while simultaneously freeing more capital for future bitcoin purchases. Metaplanet Turns Its Stock Into a […]
Key Takeaways
- Metaplanet repurchased 96.4 million shares in just over two weeks, deploying about $160 million as the bitcoin treasury company shifts capital toward reducing its share count.
- The Tokyo-listed firm has already completed nearly half of its authorized buyback of shares while simultaneously freeing more capital for future bitcoin purchases.
- Metaplanet Turns Its Stock Into a […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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