Tag: CEO

Metaplanet Signals Buybacks When Stock Trades Below Bitcoin NAV

Key highlights: Metaplanet CEO Simon Gerovich has hinted at share buybacks to increase Bitcoin yield for shareholders. Company policy allows Metaplanet to repurchase shares when mNAV falls below 1.0x. Metaplanet mNAV tumbled to 0.90x amid underwhelming Bitcoin prices. Metaplanet could begin repurchasing its own shares as its stock trades below the value of its Bitcoin […]