MetaPlanet to keep buying BTC despite $654M loss in 2025

Japanese listed company MetaPlanet, which has been accumulating Bitcoin, announced it recorded a net loss of 95 billion yen (903 billion won, or about $654 million) in 2025 due to valuation losses on its BTC holdings, despite a seven-fold increase in revenue. The company's aggressive BTC purchases drove higher-than-expected revenue and operating profit in related business segments. However, a decline in BTC's price resulted in a non-cash asset valuation loss of approximately 104.6 billion yen (about $634 million), pushing its overall performance into a large-scale deficit. MetaPlanet emphasized that the loss is merely an on-paper adjustment with no direct impact on its cash flow or operations, adding that it will further accelerate its BTC-centric growth strategy this year. The company also plans to raise an additional 8.8 billion yen (about $53.3 million) through its 25th series of stock warrants, exercisable until February 2027, with a significant portion slated for further BTC acquisitions. MetaPlanet currently holds 35,102 BTC.