Metaplanet has announced a new capital allocation strategy, approved by its board, to enhance financial flexibility and maximize long-term enterprise value. The policy includes a share buyback initiative that activates when the market Net Asset Value (mNAV) falls below 1x. This move is designed to increase Bitcoin holdings per share. As Asia's largest Bitcoin asset manager, holding 30,823 BTC, Metaplanet will prioritize financing through perpetual preferred shares to optimize Bitcoin returns. The company will only issue common shares when mNAV exceeds 1x, ensuring strategic capital management aligned with market conditions.