Tokyo-listed Metaplanet repurchased 12.25 million common sha
On November 13, Bitcoin fell below $70,000, hitting a low of $68,944, down 3.35% in 24 hours; market-wide liquidations totaled $622 million in the past 4 hours, with long positions accounting for $549 million. On the same day, Metaplanet announced a $18.76 million buyback of 12.25 million shares, with cumulative buybacks accounting for 8% of its common stock.
Event Timeline
- [11-13 03:29] Bitcoin fell below $70,000, with an intraday low of $68,944 (Wu Shuo)
- [11-13 12:08] $18.76 million, Metaplanet repurchases 12.25 million common shares (Odaily)
Background and Impact
On November 13, 2026, Bitcoin prices remained under pressure. According to OKX market data cited by Wu Shuo, Bitcoin fell below the $70,000 threshold, hitting an intraday low of $68,944, currently at $69,310, down 3.35% over 24 hours; the highest price in the past 24 hours was $73,890. In the same source, the current price of $69,310 and the intraday low of $68,944 are quotes at different times and are not contradictory; they reflect price changes during the decline.
Pressure on the leverage side was more concentrated. According to CoinGlass data, market-wide liquidations in the past 4 hours totaled $622 million, of which long liquidations were $549 million and short liquidations were $72.46 million. The scale of long liquidations was significantly higher than that of short liquidations, indicating that in this downward move, losses on bullish positions were more concentrated, and short-term volatility had a greater impact on high-leverage longs than on shorts.
On the same day at 12:08, Odaily cited content published by Bitcoin Treasuries on X, reporting that Metaplanet announced a $18.76 million buyback of 12.25 million common shares, aimed at increasing Bitcoin holdings per share. The source also showed that Metaplanet had cumulatively repurchased 108.7 million common shares, accounting for 8% of its total common shares.
From the timeline, the news of weakening market conditions was published at 03:29 that day, and the buyback announcement information was published at 12:08 that day, about 9 hours apart. The available material does not indicate a causal relationship between the two, nor does it disclose Metaplanet's Bitcoin holdings or the buyback execution price, so the buyback should not be directly interpreted as a response to the price decline. What can be confirmed is that one side is market prices and liquidation data, and the other is a listed company's equity operation; the two types of information point to different levels: the former reflects risk clearing on the trading side, while the latter reflects institutions increasing Bitcoin exposure per share by reducing share capital. If readers need to check market conditions and position risks themselves, they can view real-time data through entry points such as Gate.io registration APP download, Bitget registration APP download, Binance registration APP download, OKX registration APP download, and HTX registration APP download.
FAQ
### Who was mainly affected by this decline?
According to CoinGlass data, market-wide liquidations over the past 4 hours totaled $622 million, including $549 million in long liquidations and $72.46 million in short liquidations. High-leverage longs bore more concentrated losses. The material did not disclose the specific number of affected accounts.
### What is Metaplanet's buyback intended to achieve?
According to information published by Bitcoin Treasuries, Metaplanet bought back 12.25 million common shares for $18.76 million, with the aim of increasing Bitcoin holdings per share; cumulative buybacks reached 108.7 million shares, accounting for 8% of its total common shares.
### What other information needs attention going forward?
The material does not provide a clear time point. Readers can continue to track whether Bitcoin can return above $70,000, whether liquidation data converges, and whether Metaplanet discloses further information on subsequent buybacks and Bitcoin holdings.