Japan’s ‘MicroStrategy’ Metaplanet Posts Record Quarter Numbers, Now Owns Over $700 Million Bitcoin
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Metaplanet Inc. widely recognized as Japan’s leading Bitcoin treasury company, has reported its strongest quarter to date for Q1 FY2025, marked by record operating profit and a significant expansion of its balance sheet. Metaplanet Q1 Financials released: – Revenue: ¥877M (+8% QoQ) (88% from BTC Income Generation business)– Operating Profit: ¥593M (a new company record)– Net Assets: ¥50.4B (+197% QoQ) Full 48 Page Presentation with outlook on mNAV & much more: https://t.co/W5UP01Srtf pic.twitter.com/a8SMEKNODh — Dylan LeClair (@DylanLeClair_) May 14, 2025 Revenue reached ¥877 million, an 8% increase quarter-over-quarter (QoQ), while operating profit hit a record ¥593 million, up 11% QoQ. This marks the company’s highest operating profit ever. Total assets surged to ¥55.0 billion, up 81%, and net assets soared to ¥50.4 billion, a 197% increase compared to the previous quarter. Despite a ¥7.4 billion valuation loss due to the lower Bitcoin price at the end of March, Metaplanet has rebounded strongly. As of May 12, the company holds ¥13.5 billion in unrealized gains thanks to a recovery in Bitcoin’s market value. The temporary dip impacted net income, which came in at ¥5.0 billion for the quarter, but core operations remained strong. The company’s Bitcoin holdings have skyrocketed to 6,796 BTC — a 3.9x increase year-to-date. In 2025 alone, Metaplanet added over 5,000 BTC to its treasury, reinforcing its commitment to the Bitcoin Treasury Standard. Since adopting this strategy, the company has seen its BTC net asset value increase 103.1x and its market cap grow by 138.1x. “Guided by this conviction, we pivoted in 2024 to become Japan’s first dedicated Bitcoin Treasury Company,” said Metaplanet’s management in their Q1 2025 Earnings Presentation. “In Q1 2025, we launched—and have already executed 87% of—a two-year, ¥116 billion “moving-strike” warrant program: the largest and lowest-cost equity financing of its kind ever placed in…
Filed under: News - @ May 14, 2025 10:24 pm