Overview
- Metaplanet reported Q3 revenue of ¥4.3 billion, up 1,700% year over year, and net profit of ¥13.5 billion, reversing a loss a year earlier.
- The firm disclosed holdings of 30,823 BTC, placing it fourth among publicly listed Bitcoin holders according to BitcoinTreasuries.net.
- Total assets rose to ¥550.7 billion with an equity ratio of 96.7%, and the company said it will skip dividends this fiscal year to strengthen its balance sheet.
- Japan Exchange Group is reportedly considering stricter backdoor listing rules and potential fresh audits for crypto-heavy companies, with at least three firms pausing purchases since September.
- Metaplanet’s shares spiked more than 400% earlier in 2025 before dropping over 75% from a June peak, and the company says it will cooperate with regulators and prioritize transparency.