Forward Industries, which describes itself as the world’s largest corporate holder of Solana, reported a net loss of $585.6 million in its first-quarter earnings report. At present, the company’s unrealized losses have nearly reached $1 billion.

Japanese investment firm Metaplanet, one of the world’s largest corporate holders of Bitcoin, reported losses totaling 114.5 billion yen ($725.6 million) for the January–March quarter. The company attributed the losses primarily to the decline in Bitcoin’s market price.

Japanese investment company Metaplanet (TSE: 3350), often referred to as Asia’s version of Strategy, released its financial results for the first quarter of 2026 on Wednesday, showing significant growth in its digital asset portfolio.

Bitcoin mining company MARA released its first-quarter earnings report. For the January–March period, the company’s net loss increased to $1.3 billion, compared to $533 million during the same period last year.

U.S. President Donald Trump’s company, Trump Media & Technology Group, recorded losses of $405.9 million in the first quarter of 2026 due to unrealized cryptocurrency losses. Bloomberg reported this on May 9.

The net loss of BitMine Immersion Technologies for the quarter ended February 28, 2026, reached $3.82 billion. The reason was the revaluation of its Ethereum reserves amid a prolonged market downturn.

The mining company owned by the sons of U.S. President Donald Trump — American Bitcoin — reported a $59 million loss for the fourth quarter of last year. In 2025, unrealized losses on its bitcoin reserves reached $227 million amid a decline in cryptocurrency prices

Cryptocurrency

The cryptocurrency $XRP has experienced a sharp surge in realized losses — the metric has reached approximately $1.93 billion, marking the highest level since late 2022.

Other

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.