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Metaplanet Announces $18.76 Million Share Buyback

Cumulative repurchases total 108.7 million common shares, or 8% of Metaplanet’s total common shares.

By John Kim
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Blank perforated share certificates slide into a charcoal slot / TokenPost.ai
Blank perforated share certificates slide into a charcoal slot / TokenPost.ai

Metaplanet announced a repurchase of 12.25 million common shares for $18.76 million, with the stated aim of increasing Bitcoin (BTC) held per share.

Cumulative repurchases total 108.7 million common shares, equal to 8% of Metaplanet’s total common shares.

TokenPost previously covered Metaplanet’s completed $122.4 million buyback of 73.98 million shares.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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