Metaplanet Launches $500 Million Share Buyback After mNAV Ratio Falls Below 1.0

Metaplanet has launched a $500 million share repurchase program on the Tokyo Stock Exchange after its market capitalization-to-net asset value ratio dropped below 1.0 in mid-October 2025. The company will acquire up to 150 million shares, representing 13.13% of outstanding stock. Funding will come from a newly approved $500 million credit facility with a one-year term.