Simon Gerovich, CEO of Metaplanet, announced that the company may consider share buybacks to enhance Bitcoin yield if the market net asset value (mNAV) falls below 1.0. Gerovich emphasized that maximizing BTC yield is a key performance indicator for the company, and share buybacks are integral to its capital allocation strategy.
The CEO noted that the lower the mNAV, the greater the potential for appreciation, making buybacks a strategic move. However, any buyback actions will adhere to insider trading and disclosure regulations, with no specific details on timing or execution provided until official disclosures are made.
Metaplanet CEO Considers Share Buybacks to Boost Bitcoin Yield
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