Metaplanet Repurchases 96.45M Shares for $160M, Redirects Bond Cash to Bitcoin
Metaplanet repurchased 96,447,400 shares between October 14 and October 31 for roughly $160 million. It also repaid debt ahead of schedule and redirected the freed-up cash toward Bitcoin.
Metaplanet just spent roughly $160 million buying back its own stock. It also paid off a chunk of debt ahead of schedule and steered that freed-up money back toward Bitcoin.The Tokyo Stock Exchange-listed firm (TSE: 3350) repurchased 96,447,400 shares between October 14 and October 31. The total co…