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Metaplanet Says It Repurchased 12.25 Million Shares for $18.76 Million

Cumulative repurchases totaled 108.7 million common shares, equal to 8% of the company's total common shares.

Updated 1 min read
Commuters pass the Tokyo Stock Exchange in Nihonbashi, Tokyo, on an overcast morning. / EconoTimes.ai
Commuters pass the Tokyo Stock Exchange in Nihonbashi, Tokyo, on an overcast morning. / EconoTimes.ai

Metaplanet, a Tokyo-listed Bitcoin treasury company, said the $18.76 million repurchase covered 12.25 million common shares and was intended to boost its Bitcoin (BTC) holdings per share.

The company said cumulative repurchases totaled 108.7 million common shares, equivalent to 8% of its total common shares.

The latest purchase follows a 96.45 million-share buyback in October, covered in EconoTimes' earlier report on the repurchases.

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