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Benzinga
Benzinga
Business
Parshwa Turakhiya

Metaplanet's Announces $500M Bitcoin Buybacks: Can It Lift BTC Above $116,000?

Bitcoin Drops Over 4%

Metaplanet Inc. (OTC:MTPLF) unveiled a 75 billion yen ($500 million) Bitcoin-backed share repurchase plan on Tuesday after its stock value fell below its Bitcoin (CRYPTO: BTC) holdings.

Metaplanet Stock Buyback Fueled By $500M Bitcoin Credit Line

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