Metaplanet’s Bitcoin strategy turns ¥5 billion loss into ¥11 billion profit
Metaplanet has reported its most worthwhile quarter to this point, with second-quarter (Q2) 2025 earnings boosted by robust Bitcoin efficiency and strategic treasury enlargement.
In accordance with the corporate’s Aug. 13 monetary disclosure, internet earnings for the quarter reached ¥11.1 billion (roughly $75.1 million), reversing a ¥5 billion loss recorded in the identical interval final 12 months.
The agency identified that its peculiar revenue surged to ¥17.4 billion ($117.8 million), up from a ¥6.9 billion loss in Q2 2024.
On the similar time, its income climbed 41% quarter-over-quarter (QoQ) to ¥1.239 billion ($8.4 million), whereas gross revenue grew 38% QoQ to ¥816 million ($5.5 million).
Furthermore, the Japan-based agency’s Bitcoin holding development was equally placing.
Metaplanet acknowledged that it had acquired 18,113 BTC as of Aug. 12, together with 16,351 BTC purchased this 12 months alone. These holdings have generated an unrealized revenue of over ¥55 billion (equal to $342 million).
Talking on these numbers, Metaplanet CEO Simon Gerovich called it the “strongest quarter in Metaplanet’s historical past,” attributing the outcomes primarily to the agency’s Bitcoin technique.
Metaplanet Prefs
Metaplanet had beforehand set an bold purpose of buying 210,000 BTC, roughly 1% of Bitcoin’s whole provide, by 2027.
The agency acknowledged that this deliberate acquisition would require round $20 billion in funding, which it intends to boost via most popular and customary share choices.
Because of this, the Bitcoin-focused agency plans to launch Metaplanet Prefs, a perpetual most popular fairness program backed by the highest crypto.
With Japan’s family wealth estimated at $14.9 trillion, together with $7.6 trillion in money deposits and $9.5 trillion within the mounted earnings market, the corporate sees a big alternative to channel dormant capital into yield-bearing Bitcoin belongings.
So, its Metaplanet Prefs initiative goals to difficulty BTC-backed devices throughout numerous credit and maturities, concentrating on Japan’s fixed-income market.
In its earnings presentation, the corporate emphasised that this technique represents the subsequent stage of its mission to remodel Japan’s capital markets digitally.
It added:
“The digital transformation of capital rivals that of communications and commerce. We consider this $100+ trillion alternative positions Metaplanet to steer within the Japanese capital markets.”
It additionally highlighted that it could leverage its robust stability sheet and credit score profile to ship modern, yield-focused merchandise.
Notably, this mannequin is paying homage to Technique’s (previously MicroStrategy) most popular shares program, which funds its Bitcoin purchases.
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