Metaplanet CEO: Share buybacks are a key tool for boosting BTC returns

Simon Gerovich, CEO of the Japanese listed company Metaplanet, which has been accumulating BTC, stated that BTC returns are the company's most important key performance indicator. He explained on X that the firm's capital allocation is focused on maximizing BTC returns for shareholders. According to Gerovich, if the company's price-to-net-asset-value ratio (mNAV) falls below one, share buybacks can contribute to improving BTC returns, with the effect being greater the lower the mNAV. He added that while share buybacks are an important option, the company must adhere to insider trading regulations and disclosure obligations, and would therefore refrain from commenting on the specific timing or progress of any such actions.