Japans Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC – Bitcoin News
Bitcoin Japans Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC – Bitcoin News The company announced that its total holdings reached 40,177 as of March 31, 2026. This milestone solidifies Metaplanets standing as the leading publicly traded treasury outside of the U.S. markets. During the three-month period ending March 31, the company aggressively utilized capital markets to stack sats, conducting third-party allotments in February and March that generated over ¥53,038 million ($336.11 million) in total proceeds. Despite the growth in its underlying assets, the companys bottom line took a significant hit due to accounting requirements. Metaplanet reported a quarterly net loss of ¥114,493 million ($725.56 million). Company officials noted that the loss was primarily driven by non-operating expenses related to non-cash valuation losses of ¥116,356 million ($737.36 million) as market prices corrected during the quarter. Operating results told a different story, reflecting the success of the companys new revenue streams. Net sales jumped 251.1% year-on-year to ¥3,080 million ($19.52 million). This growth was fueled by the Income Generation business, which leverages the treasury to earn option premiums. Operating profit followed suit, climbing 282.5% to ¥2,267 million ($14.37 million). CEO Simon Gerovich highlighted the firms commitment to its “ Standard,” which was first