1Sem.·

Metaplanet share buyback program 🫡

$3350 (-7,73 %)
$BTC (-1,75 %)


Metaplanet has launched a share buyback program to increase capital efficiency and maximize BTC returns.


The Board of Directors also approved a credit facility* to allow for flexible execution as part of the company's capital allocation strategy.


*A credit facility is a contractually agreed credit lineprovided by a bank or financial institution to a company, a private individual or a public institution.


The loan does not not be drawn down in full immediately amount immediately - it is a flexible credit linethat can be used as required.

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$MSTR (-2,7 %)

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19 Commentaires

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That's bullish🚀🚀🚀🚀
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What has happened now? Do you know why the price dropped? Do you mean because of Btc sell-off?
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@der_Don Yes, I think that's the case, it also depends on $BTC, but it will recover. Patience is required here and, above all, how the $BTC continues to develop.
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@der_Don are apparently back in the black anyway, don't complain 😂
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@BamBamInvest I didn't say anything
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@der_Don you meant because of the price drop 😄, was also meant to be funny 😁. All good
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@BamBamInvest I know. We understand each other 😁
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@der_Don can you please buy 1 million Bitcoin to push the price or of course directly $3350 🤣
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@BamBamInvest So let me put it this way... I work in a bank with total assets of several billion and I have a very good relationship with our management board...
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@der_Don and I've already had a conversation or two with the chairman of our supervisory board...
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@der_Don This is the way! 😂
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Voir toutes les 3 autres réponses
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Sounds good, let's see what the price shows at the end of the year :)
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@Nemesis1990 Let the $BTC take off properly, then the rocket will go off here 😁, but somehow it doesn't quite want to 🤣
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@BamBamInvest definitely at some point, patience is required 😅
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Sorry, but to be honest I see that as a critical signal. But feel free to correct me if I'm wrong.

Metaplanet's business model is more or less a Ponzi scheme 2.0: dividends are paid out of new investments and the only reason to buy the stock is to hope that someone will continue to pay more for a piece of the company's pie. No fundamental value creation. This is evident from the fact that the company trades at a very significant premium to the value of the BTC held (premium)

Now the company is realizing that this premium is shrinking and that the steady flow of new capital is apparently coming to a standstill.

In order to be able to continue now, when no more money is coming in voluntarily, the company is borrowing outside capital and buying back shares in order to "artificially" push up the value of the company again. However, this does not solve the underlying problem that no value is being created and that the inflow of capital into the Ponzi scheme is slowing down, but at most postpones it.

How can this be seen as a bullish signal?
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