MetaPlanet, a Japanese Bitcoin treasury firm, has revised its Capital Allocation Policy to enhance fundraising and buyback flexibility while maintaining its long-term Bitcoin holding strategy. The company, which holds around 35,100 BTC, will continue to raise funds through various channels, including perpetual preferred stock, common stock issuance, corporate bonds, and BTC-collateralized credit lines.
The updated policy prioritizes share repurchases to increase BTC holdings per share when the monetary National Account Value (mNAV) falls below 1. Additionally, MetaPlanet retains the option to conduct rights offerings to boost BTC holdings during bear markets, provided it benefits shareholders in the medium to long term and keeps leverage below 10% of the BTCNAV.
MetaPlanet Updates Bitcoin Strategy, Retains Bear Market Purchase Option
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