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No Shares Repurchased: Metaplanet Terminates Roughly $481 Million Share Buyback Authorization

  • Metaplanet canceled a share buyback authorization worth roughly $481 million.
  • The company had not repurchased any shares under this authorization before terminating it.
  • The move suggests Metaplanet is reallocating capital priorities, likely in favor of its Bitcoin accumulation strategy over stock buybacks.

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