Metaplanet announced its Q1 2025 financial report, with net sales increasing by 943.9% year-on-year
ChainCatcher news, according to FinanceFeeds, Tokyo Stock Exchange listed company Metaplanet announced its Q1 financial report for the fiscal year 2025 on May 14. Despite a quarterly net loss of 5.046 billion yen due to fluctuations in Bitcoin valuation, the company's net sales surged 943.9% year-on-year to 877 million yen, achieving an operating profit of 592 million yen, with unrealized gains of approximately 13.5 billion yen. The company recently increased its holdings by 1,241 Bitcoins, bringing its total holdings to 6,796, surpassing the government of El Salvador.Metaplanet has established the "21 Million Plan," aiming to hold 10,000 Bitcoins by the end of 2025 and 21,000 by the end of 2026. Additionally, the company has set up a subsidiary in Miami, USA, with a capital of 25 million dollars, and raised approximately 76.6 billion yen through warrant financing for Bitcoin acquisitions, indicating its transition from a domestic Japanese company to a global participant in Bitcoin financial strategies.