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

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

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