Japan‑listed Bitcoin treasury firm Metaplanet reported FY2025 revenue of ¥8.905 billion, a 738% increase year on year, with operating profit jumping 1,694% to ¥6.287 billion. Over the year, the company expanded its Bitcoin holdings from 1,762 BTC to 35,102 BTC. Despite this growth, it recorded an unrealized valuation loss of around ¥102.2 billion, highlighting both the rapid expansion and the volatility of managing a large crypto treasury.
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