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Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash

Metaplanet’s market-based net asset value (mNAV) fell to 0.88 last week, prompting the Tokyo-listed Bitcoin treasury firm to launch the Bitcoin-backed share buyback.

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