Metaplanet posts $619 million net loss last year amid Bitcoin weakness

Uk Jin

Summary

Metaplanet said it reported a 95 billion yen net loss in its fiscal 2025 results.
It said the net loss was driven by unrealized valuation losses of 102.2 billion yen on its Bitcoin holdings, and that it does not affect cash flow or operating activities.
Metaplanet said it held 35,102 BTC, while revenue and operating profit rose 738% and 1,695%, respectively.

Metaplanet, a Bitcoin (BTC) treasury company often dubbed Japan’s Strategy (formerly MicroStrategy), posted a net loss last year.

According to The Block on the 17th (KST), Metaplanet reported a net loss of 95 billion yen (about $619 million) in its fiscal 2025 earnings release.

The net loss is attributed to Bitcoin’s weakness. Metaplanet said, “Unrealized valuation losses on our Bitcoin holdings amounted to 102.2 billion yen (about $666 million),” adding that “these losses are classified as non-operating expenses and do not affect cash flow or operating activities.”

As of the end of last year, Metaplanet held 35,102 BTC, up about 1,892% year on year.

Operating performance improved. Revenue for fiscal 2025 totaled 8.91 billion yen (about $58 million), up 738% from a year earlier. Operating profit came in at 6.29 billion yen (about $41 million), a 1,695% increase year on year.

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