Metaplanet unveils $380 million share buyback after stock crashes nearly 90% from peak

5 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$380M

share buyback

$BTC

$83,308

+0.8%

Metaplanet plans to raise $329 million to refinance Bitcoin-backed loans and fund share buybacks after its stock has declined 90% from its peak. On Oct. 13, the Japanese Bitcoin treasury company announced plans to issue ¥52 billion ($329…