Metaplanet reverses losses and makes ¥11 billion profit with Bitcoin strategy
- Metaplanet records highest quarterly profit in its history
- Company accumulates 18.113 BTC with a target of 210 by 2027
- Prefs Plan seeks to raise US$20 billion for Bitcoin purchases
Metaplanet, a Japanese company focused on Bitcoin, announced the most profitable quarter in its history , driven by the strong performance of cryptocurrency and the strategic expansion of its treasury. In the second quarter of 2025, net income reached ¥11,1 billion (US$75,1 million), reversing the ¥5 billion loss recorded in the same period of the previous year.
Ordinary profit also showed a significant increase, reaching ¥17,4 billion (US$117,8 million), compared to a loss of ¥6,9 billion in the second quarter of 2024. Quarterly revenue grew 41% from the previous quarter to ¥1,239 billion (US$8,4 million), while gross profit increased 38% to ¥816 million (US$5,5 million).
The highlight was the substantial increase in Bitcoin reserves. As of August 12, Metaplanet had accumulated 18.113 BTC, 16.351 of which were acquired in 2025 alone. These holdings generated unrealized profits exceeding ¥55 billion (US$342 million). For CEO Simon Gerovich, this was "the strongest quarter in Metaplanet's history," a result directly linked to the Bitcoin accumulation strategy.
This is the strongest quarter in Metaplanet's history. https://t.co/AxXxLLdgxc
— Simon Gerovich (@gerovich) August 13, 2025
The company maintains an ambitious goal of acquiring 210.000 BTC, about 1% of the cryptocurrency's total supply, by 2027. The plan requires approximately $20 billion in financing, which will be raised through common and preferred stock offerings.
In this context, Metaplanet announced the launch of the Metaplanet Prefs program, consisting of perpetual preferred shares backed by Bitcoin. The goal is to attract some of the dormant resources in the Japanese market, which totals approximately US$14,9 trillion in household wealth, including US$7,6 trillion in bank deposits and US$9,5 trillion in the fixed-income market.
The project aims to issue BTC-linked instruments with different maturities and rates, targeting the Japanese fixed-income market. According to the company, this initiative represents the next phase of its mission to digitally transform the Japanese capital market, leveraging its strong balance sheet and credit profile to offer innovative products with competitive returns.
The model is similar to the financing strategy used by Strategy (formerly MicroStrategy), which also uses preferred instruments to expand its Bitcoin reserves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ahead of Earnings Report, Bank of America Raises Target Price for TSMC: 2nm Capacity Ramp-Up Boosts Sales Expectations and Profit Margins
Ahead of TSMC’s Q3 earnings report, Bank of America Merrill Lynch raised its US stock target price to $620 and maintained a Buy rating. Q3 revenue is expected to exceed the upper end of guidance, with the proportion of 2nm process rising from 3% to 11% in a single quarter, becoming the biggest highlight. Q4 sales are expected to increase by another 11% quarter-on-quarter, targeting a full-year growth rate of 40%. The current stock price corresponds to a forward P/E ratio of 16, which is still at the historical median. Bank of America believes the valuation is “not demanding,” implying approximately 37% upside to the target price.
AI trading cools down and storage chip competition intensifies, Korean stocks plunge over 5%, marking a second consecutive day of sharp decline; SK Hynix drops nearly 8%
On Tuesday, the Korea Composite Stock Index (KOSPI) dropped by as much as 5.1%, triggering the Sidecar circuit breaker mechanism on the exchange and suspending programmatic sell orders for five minutes. Both Samsung Electronics and SK Hynix fell more than 6%, marking five consecutive days of decline. Japan's SoftBank Group plunged over 8%, while AI industry-related stocks such as Tokyo Electron and Advantest also dropped by more than 5%.
Wall Street giants' financial reports tonight: With stock prices trapped in technical correction, even a 20% profit increase can hardly ease triple anxiety
Shares of major US banks hovered in a technical correction zone on Tuesday as the earnings season kicked off, with long-term borrowing costs rising to their highest levels in decades. This has heightened market attention on bank executives’ assessments of US consumer health and credit prospects.
UBS Earnings Season Preview: Strong Momentum from AI Spending, Favoring Lam Research (LRCX.US) and Texas Instruments (TXN.US), Remaining Cautious on Western Digital (WDC.US)
Lam Research (LRCX.US), Texas Instruments (TXN.US), and Western Digital (WDC.US) are set to release their quarterly earnings reports in the coming days. UBS believes that, with continued high spending on artificial intelligence, all three companies are likely to benefit from this trend.
Crypto prices
More
