Metaplanet Soars: 1,700% Revenue Jump and Massive Bitcoin Gains
Metaplanet posted a 1,700% revenue surge and ¥13.5B net income in Q3 2025, driven by Bitcoin gains. Despite market volatility, it holds 30,823 BTC and remains committed to its crypto strategy.
Metaplanet Inc. has reported exceptional financial results for the third quarter of 2025, driven by its aggressive Bitcoin-focused strategy. The company achieved a 1,700% year-over-year revenue increase, reaching ¥4.3 billion, and net income of ¥13.5 billion, reversing previous losses. Bitcoin valuation gains contributed over ¥20.6 billion to non-operating income, despite a 39% quarter-over-quarter decline due to October’s crypto market correction. Metaplanet now holds 30,823 BTC, making it the fourth-largest listed Bitcoin treasury globally and the largest in Asia. The company’s total assets have surged to ¥550.7 billion, with an equity ratio of 96.7%. Despite recent unrealized losses and a stock price drop, Metaplanet remains committed to its long-term Bitcoin accumulation strategy, prioritizing balance sheet expansion over dividends. The company’s approach has positioned it as a leader in Japan’s digital asset market, while regulatory scrutiny from Japan Exchange Group may increase for crypto-focused firms.