The post Metaplanet Suffers $619M Loss but Plans to Accumulate 175,000 Bitcoin by 2027 appeared on BitcoinEthereumNews.com.

The post Metaplanet Suffers $619M Loss but Plans to Accumulate 175,000 Bitcoin by 2027 appeared first on Coinpedia Fintech News Metaplanet reported a $619 million net loss for fiscal year 2025, primarily due to a $665.8 million unrealized valuation loss on its Bitcoin holdings. The loss stems from Japan’s mark-to-market accounting standards, which require companies to value crypto assets at prevailing market prices. As a result, fluctuations in Bitcoin directly impact reported earnings even when no assets are sold. Importantly, the company classified the loss as a non-operating accounting adjustment, meaning it did not affect cash flow or liquidity. Why This Matters for Investors Mark-to-market accounting can amplify earnings volatility for companies holding large digital asset reserves. In periods of price decline, firms may report substantial paper losses despite unchanged treasury positions. By the end of FY2025, Metaplanet held 35,102 BTC, representing a 1,892% increase year-over-year, underscoring its aggressive accumulation strategy. CEO Simon Gerovich Reaffirms Long-Term Bitcoin Commitment Simon Gerovich addressed investor concerns in a public statement, reiterating that the company views Bitcoin as a permanent reserve asset, not a short-term tactical allocation. According to Gerovich: Bitcoin’s fixed supply underpins its long-term value thesis The company has no plans to liquidate holdings The balance sheet remains structurally strong Metaplanet reported an equity ratio of 90.7%, stating that its balance sheet would remain fully covered even if Bitcoin’s price declined by as much as 86%. Unlike some corporate treasury strategies that treat Bitcoin as a hedge or diversification tool, Metaplanet positions BTC as a core balance sheet asset. Profits From Options Used to Acquire More Bitcoin Despite reporting a net loss, the company generated profits through put option sales and spread strategies. A portion of those derivative gains was used to purchase additional Bitcoin. This indicates the firm is actively managing…

---

Filed under: News - @ February 20, 2026 6:23 am