Metaplanet's operating profit jumps nearly 1,700% as bitcoin income generation pays off

Metaplanet's operating profit jumps nearly 1,700% as bitcoin income generation pays off

The company recorded a non-cash bitcoin valuation loss of 102.2 billion yen ($650 million) due to the cryptocurrency’s price drop.

Metaplanet Inc. Posts Blockbuster FY2025 but Sits on a Huge Unrealized Bitcoin Loss

Metaplanet turned in eye-catching fiscal 2025 numbers, but the headline story is a tale of two realities: booming operating performance on the one hand, and a crippling paper loss on the other. For the year, the company recorded revenue of ¥8.905 billion, a jump of 738% from the prior year, and an operating profit of ¥6.287 billion, up a staggering 1,694% year-on-year. Those gains were driven largely by the firm’s Bitcoin-related operations, esp…

Metaplanet Reports $605 Million Loss After Billions Spent on Bitcoin

TLDR Metaplanet posted a $605 million loss due to the decline in Bitcoin’s value. The company spent $3.8 billion on Bitcoin, purchasing the asset at an average price of $107,000 per coin. Metaplanet’s Bitcoin holdings are currently down by 37%, reflecting an unrealized loss of $1.4 billion. Despite the losses, the company saw an 81% increase in operating profit from its options business. Metaplanet continued purchasing Bitcoin even when the pri…

Metaplanet posts $621M loss after Bitcoin valuation swing

Metaplanet reports a $621M net loss after a $668M Bitcoin valuation hit despite 738% revenue growth and strong operating profit. The post Metaplanet posts $621M loss after Bitcoin valuation swing appeared first on Crypto Briefing.

Metaplanet Reports $619 Million Loss As Bitcoin Holdings Take Hit

Tokyo-based Bitcoin treasury firm Metaplanet posted a net loss of 95 billion yen ($619 million) for fiscal 2025, driven by a 102.2 billion yen ($665.8 million) valuation decline on its bitcoin holdings.  The disclosure marks the latest example of a corporate bitcoin buyer facing pressure as the cryptocurrency’s price slid from record highs in October. The company closed the year with 35,102 BTC, valued at approximately $2.4 billion, making Metap…

Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin

The firm signaled that it’s embracing preferred shares.