MetaPlanet Revises Capital Allocation Policy, Retains BTC Accumulation Option During Bear Market and Strengthens Buyback Mechanism

BTC2,22%

Gate News reports that on March 16, Japan’s Bitcoin Treasury Company MetaPlanet announced a revision of its Capital Allocation Policy, maintaining its long-term Bitcoin holding strategy while increasing flexibility in fundraising and buybacks. The company currently holds approximately 35,100 BTC and will continue to raise funds through a diversified approach, including perpetual preferred shares, common stock issuance, corporate bonds, and credit lines secured by BTC. The new policy clarifies three core adjustments: first, prioritizing stock repurchases when mNAV (market net asset value) is below 1x to increase BTC holdings per share; second, retaining the option to implement rights offerings to increase BTC holdings during bear markets when it is deemed beneficial for shareholders in the medium to long term; third, keeping leverage under approximately 10% of BTC NAV.

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