Metaplanet’s Q1 Revenue Hits $6 Million, Bitcoin Earnings Contribute 88%

By: beincrypto|2025/05/15 15:00:13
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Metaplanet has released its Q1 FY2025 earnings report. The company reported total revenue of ¥877 million (~$6.0 million), an 8% increase quarter-over-quarter.88% of the total revenue, ¥770 million (~$5.2 million), was derived from Bitcoin (BTC) option premium harvesting. The remaining ¥104 million (~$712,200) came from its hotel operations segment, underscoring a significant shift in the firm’s financial focus.Bitcoin Strategy Powers Metaplanet’s 8% Q1 Revenue GrowthThe Bitcoin Income Generation strategy, launched in Q4 2024, is now Metaplanet’s primary revenue driver. The strategy has enabled it to achieve an operating profit of ¥593 million(~$4.0 million).This represented an 11% increase from the last quarter, marking a new company record. Moreover, total assets grew 81% to ¥55 billion (~$376.6 million). Meanwhile, net assets surged by 197% to ¥50.4 billion (~$345.1 million).Metaplanet’s Bitcoin holdings, bolstered by the recent 1,241 BTC purchase, total 6,976 BTC, more than El Salvador’s national reserves. The firm has now achieved 68% of its 2025 goal to hold 10,000 BTC within just over four months.Metaplanet Bitcoin Holdings. Source: Metaplanet Q1 2025 Earnings Presentation “We booked a ¥7.4 billion valuation loss as BTC price at end-March was lower than year-end, but BTC has since rebounded — as of May 12, we hold ¥13.5 billion in unrealized gains,” CEO Simon Gerovich wrote on X.The report also highlighted that the company recorded a BTC Yield of 95.6%, following a 309.8% yield in Q4 2024. For 2025, the firm is targeting a 232% yield. Additionally, the Q3 and Q4 2025 yield target is 35%.Lastly, Metaplanet’s shareholder count also experienced a remarkable growth of 500% over one year. In Q1 2025, the company reached 64,000 shareholders, reflecting the significant expansion of its investor base.“This was the strongest quarter in our company’s history,” Gerovich added.This growth has positioned Metaplanet as the 11th-largest public Bitcoin holder globally and Asia’s leading Bitcoin treasury company. The company’s stock price has also seen significant gains. According to Google Finance data, 3350.T has appreciated 70.91% YTD.Metaplanet Stock Performance. Source: Google FinanceMoreover, BeInCrypto reported that the stock price has grown more than 15-fold since April 2024, when Metaplanet made its first BTC purchase.The post Metaplanet’s Q1 Revenue Hits $6 Million, Bitcoin Earnings Contribute 88% appeared first on BeInCrypto.

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