"Metaplanet Inc. grew its bitcoin holdings to 40,177 BTC ($3.2 billion) by March 31, 2026, solidifying its status as the premier corporate treasury for the asset outside the United States. The Tokyo-listed firm delivered a 2.8% BTC Yield in Q1 2026, effectively increasing the amount of bitcoin backing each share despite a broader market correction and non-cash valuation losses."
"During the three-month period ending March 31, the company aggressively utilized capital markets to stack sats, conducting third-party allotments in February and March that generated over 53,038 million ($336.11 million) in total proceeds. Despite the growth in its underlying assets, the company's bottom line took a significant hit due to accounting requirements."
"Metaplanet reported a quarterly net loss of 114,493 million ($725.56 million). Company officials noted that the loss was primarily driven by non-operating expenses related to non-cash bitcoin valuation losses of 116,356 million ($737.36 million) as market prices corrected during the quarter. Operating results told a different story, reflecting the success of the company's new revenue streams."
"Management confirmed its FY2026 forecast of 16,000 million ($101.39 million) in net sales and 11,400 million($72.24 million) in operating profit as it scales its Digital Credit strategy. The company announced that its total bitcoin holdings reached 40,177 BTC as of March 31, 2026. This milestone solidifies Metaplanet's standing as the leading publicly traded bitcoin treasury outside of the U.S. markets."
Metaplanet Inc. reported first-quarter 2026 results showing a major increase in its bitcoin treasury. Bitcoin holdings rose to 40,177 BTC as of March 31, 2026, reaching about $3.2 billion. The firm generated a 2.8% BTC Yield in Q1 2026, increasing bitcoin backing per share despite broader market correction. Management maintained its FY2026 forecast of 16,000 million yen in net sales and 11,400 million yen in operating profit while scaling its Digital Credit strategy. The company used third-party allotments in February and March, generating over 53,038 million yen in total proceeds. A quarterly net loss of 114,493 million yen resulted mainly from non-cash bitcoin valuation losses tied to market price corrections, while operating results reflected growth in new revenue streams.
Read at news.bitcoin.com
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