Metaplanet Stock Slides as Bitcoin Strategy Drives Heavy Losses

TLDR Metaplanet posted a $619 million net loss in fiscal 2025 due to a $665.8 million valuation loss on its bitcoin holdings despite strong operational performance The company increased bitcoin holdings to 35,102 BTC from 1,762 BTC, making it Japan’s largest corporate holder and fourth-largest globally Revenue jumped 738% to $58 million while operating profit [...]

The post Metaplanet Stock Slides as Bitcoin Strategy Drives Heavy Losses appeared first on Blockonomi.