Metaplanet CEO: When mNAV is below 1x, stock buybacks help improve BTC yield
Foresight News reports that Metaplanet CEO Simon Gerovich posted on Twitter that BTC Yield is the company's most important KPI, and the core goal of the company's capital allocation is to maximize shareholders' BTC Yield. When the modified net asset value (mNAV) is below 1x, repurchasing company shares may be one of the effective ways to increase BTC Yield, and the lower the mNAV, the more significant the improvement. The company will continue to consider share repurchases as an important capital allocation option.
However, he also emphasized that any actual repurchase must strictly comply with insider trading regulations and monthly disclosure obligations, and therefore, no comments will be made regarding specific implementation timing or circumstances until proper disclosure is made. This statement does not indicate that the company is currently undertaking or planning a share repurchase at any particular time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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