Company revises 2025 outlook with stronger profits, but shares fall 10%
Metaplanet (3350) has cemented its position as one of the world’s largest corporate Bitcoin holders after acquiring 5,288 BTC in Q3 2025. The purchase, worth $615.67 million at an average price of $116,870 per BTC, raises the firm’s total holdings to 30,823 BTC, valued at $3.33 billion.
CEO Simon Gerovich said the acquisition pushed Metaplanet’s Bitcoin yield for 2025 to 497.1%, highlighting the company’s aggressive treasury allocation strategy. With this move, Metaplanet is now the fourth-largest corporate Bitcoin treasury globally.
Strong Revenue and Profit Growth
Metaplanet’s Bitcoin Income Generation segment delivered $16.16 million (¥2.438 billion) in revenue during Q3, a 115.7% increase from Q2 2025. The sharp growth reflects both operational scalability and higher Bitcoin-driven earnings.
On the back of these results, the company revised its FY2025 forecast:
- Revenue: $46.26 million (¥6,800M), up from $23.13 million (¥3,400M)
- Operating profit: $31.97 million (¥4,700M), up from $17.01 million (¥2,500M)
That marks a 100% increase in revenue guidance and an 88% jump in expected operating profit compared to earlier estimates.
Gerovich noted: “Q3 results demonstrate operational scalability and strengthen the financial foundation for our planned preferred share issuance, which supports our broader Bitcoin Treasury strategy.”
Despite the bullish treasury expansion and upgraded forecasts, Metaplanet’s shares dropped 10% to 516 yen on Wednesday. Analysts suggest profit-taking and short-term concerns over Bitcoin price volatility may have weighed on the stock.
With 30,823 BTC now on its balance sheet, Metaplanet is doubling down on its role as a Bitcoin-first corporate treasury leader. While near-term share price weakness may concern investors, the company’s long-term bet on Bitcoin adoption continues to reshape its financial trajectory.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.