Metaplanet (3350), Asia's largest publicly listed bitcoin (BTC) holder, said it plans to repurchase as many as 150 million common shares to improve capital efficiency and maximize its BTC Yield (the rate of BTC increase per share) when the company’s market valuation falls below 1.0x of its net asset value. The Tokyo-based company, which holds 30,823 BTC valued at approximately $3.5 billion, said Tuesday it established a credit facility of up$500 million secured by bitcoin to fund the share purchases, buy ...