Metaplanet has announced a $50 million stock buyback plan, aiming to repurchase up to 150 million shares by October 29, 2026. This initiative is part of a broader strategy to enhance capital efficiency and align the stock price with the company's Bitcoin holdings. Following the announcement, Metaplanet's stock surged over 10% on October 28, contributing to a 25% increase over the past week. CEO Simon Groves emphasized that the buyback plan is designed to support Bitcoin accumulation and maintain capital discipline. The company also secured a $50 million credit facility to facilitate this strategy, reflecting its commitment to leveraging its Bitcoin assets effectively.