#binance #hype #zec #near
16/02/26 11:05 UTC-04

Bitcoin Holder Metaplanet Reported $664 Million in Losses

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Other Bitcoin Holder Metaplanet Reported $664 Million in Losses

The operating results of the Japanese company Metaplanet showed explosive growth: revenue increased by 738% to 8.9 billion yen ($57.9 million), while net profit surged by 1,694% to 6.3 billion yen ($40.9 million). The main driver of revenue growth was income from trading Bitcoin options, according to the financial report.

The company, which follows a “Bitcoin treasury” model (holding cryptocurrency as a long-term asset), intends to actively engage in Bitcoin derivatives trading. In 2026, Metaplanet expects to generate $103 million in revenue and approximately $73 million in operating profit.

By early 2026, the company’s portfolio totaled 35,102 BTC — more than 19 times higher than a year earlier (1,762 BTC). By the size of its cryptocurrency reserves, Metaplanet ranks fourth among publicly traded companies worldwide. The total capital invested by Metaplanet in Bitcoin reached 527.2 billion yen ($3.43 billion).

The leader among public corporate holders of Bitcoin is the American company Strategy. It currently holds 714,644 BTC on its balance sheet, with reserves valued at $49 billion.

In mid-2025, Metaplanet CEO Simon Gerovich stated that the company aims to accumulate as many Bitcoins as possible in order to later use them to acquire other profit-generating companies.

Earlier, the U.S. cryptocurrency exchange Coinbase reported a net loss of $667 million for the last quarter of the previous year. Amid the cryptocurrency market downturn, the losses ended an eight-quarter streak of profitable reporting periods — the last time the company posted losses was in the third quarter of 2023.

See also: "Monobank co-founder does not rule out cryptocurrencies appearing in the bank"

#Losses #Bitcoin (BTC) #Strategy

Editor: Alyona Nabok
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