Key Points
- Metaplanet shares jumped 15% following renewed buyback plans and rising Bitcoin (BTC) prices.
- The company continues focusing on capital efficiency and expanding its Bitcoin treasury.
Metaplanet, a Bitcoin-focused treasury firm listed in Tokyo, recorded a 15% share price increase during the January 5 trading session.
The rise followed renewed disclosure about plans to repurchase 150 million shares, alongside Bitcoin recovering above $92,500.
Share Buyback and Treasury Strategy
Metaplanet’s stock movement mirrored broader strength in Bitcoin-related equities as BTC traded close to $93,000.
The company holds 35,102 Bitcoin in its treasury, making it Asia’s largest corporate BTC holder.
Although the share buyback program was announced earlier, recent filings indicate no repurchases have been executed to date.
Documents released on January 5 show that the number of treasury shares held by the company increased to 26,311.
Management stated that corporate priorities remain focused on organizing an extraordinary general meeting and disciplined capital allocation centered on accumulating Bitcoin.
In November 2025, Metaplanet secured a $130 million loan to support additional Bitcoin purchases.
Chief Executive Officer Simon Gerovich explained that the buyback initiative aims to improve capital efficiency and enhance Bitcoin yield per share.
During the fourth quarter of 2025, the firm reported a significant BTC yield despite subdued market conditions.
The company has also stated that repurchases are intended to help maintain its multiple of net asset value above 1.0x, which currently stands at 1.11.
Stock Performance and Market Recovery
Metaplanet shares previously declined sharply during the second half of 2025 as Bitcoin weakened, falling nearly 80% from peak levels.
Since reaching a low point in mid-November, the stock has rebounded by approximately 38%.
Market data shows Metaplanet shares gained around 20% over the past month and roughly 35% year over year.
The company continues working toward its stated objective of accumulating 100,000 Bitcoin by the end of 2026, most recently adding 4,279 BTC for about $451 million.
