MetaPlanet Revises Bitcoin Capital Allocation Policy, Retains Option to Increase BTC Holdings During Bear Markets

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Mars Finance News: Japan’s Bitcoin Treasury Company MetaPlanet announced an update to its Capital Allocation Policy, maintaining a 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 various methods such as perpetual preferred shares, common stock issuance, corporate bonds, and credit lines secured by BTC. The new policy explicitly states that when mNAV is below 1x, priority will be given to stock repurchases to increase BTC holdings per share. It also reserves the option to conduct rights offerings to acquire more BTC during a bear market when it is deemed beneficial for shareholders in the medium to long term. Leverage will be kept below approximately 10% of BTC NAV.

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