Metaplanet Reports Significant Sales Growth Despite Bitcoin Losses

According to Foresight News, Tokyo Stock Exchange-listed Metaplanet released its financial results for the first quarter of the 2025 fiscal year on May 14. Despite experiencing a net loss of 50.46 billion yen due to fluctuations in Bitcoin valuation, the company reported a remarkable year-on-year increase in net sales, soaring by 943.9% to 877 million yen. Metaplanet achieved an operating profit of 592 million yen and unrealized gains of approximately 13.5 billion yen. The company has recently increased its Bitcoin holdings by 1,241 units, bringing its total to 6,796 units, surpassing the holdings of the Salvadoran government. Metaplanet has outlined its "21 Million Plan," aiming to possess 10,000 Bitcoins by the end of 2025 and 21,000 by the end of 2026. Additionally, Metaplanet has established a subsidiary in Miami, USA, with a capital of $250 million. The company has raised approximately 76.6 billion yen through warrant financing for Bitcoin acquisitions, indicating its transformation from a domestic Japanese enterprise into a global participant in Bitcoin financial strategies.