Japan-based company Metaplanet announced it will lose millions of dollars from Bitcoin by 2025! Here are the details

Metaplanet, a Japan-based Bitcoin treasury company, has reported an unrealized loss of approximately $680 million on its Bitcoin holdings for 2025 due to the impact of volatility in the cryptocurrency markets.

According to the company’s official announcement, this impairment loss, calculated at 104.6 billion yen at current exchange rates, was recorded as a “non-operating expense” in the accounting records and did not have a direct impact on the company’s cash flow or daily operations.

Due to this Bitcoin-related loss, Metaplanet projects a consolidated ordinary loss of 98.56 billion yen (approximately $640 million) and a net loss of 76.63 billion yen ($498 million) for fiscal year 2025. The total comprehensive loss attributable to shareholders will be 54.02 billion yen ($351 million). Final financial results are expected to be released on February 16th.

Company management emphasized that short-term accounting volatility is a natural part of the business model, and stated that medium- and long-term Bitcoin accumulation and capital strategies are proceeding as planned.

Metaplanet will hold a total of 35,102 BTC by the end of 2025, compared to only 1,762 BTC a year earlier. According to information previously shared by CEO Simon Gerovich, the company purchased a total of $451 million worth of Bitcoin in the last quarter of 2025 at an average price of $105,412. However, Bitcoin was trading at approximately $87,500 as of December 31, 2025.

Despite the loss, Metaplanet revised its 2025 revenue forecast upwards. The company stated that it performed stronger than expected, particularly in its “Bitcoin revenue generation” business line, which is based on derivatives and options strategies. Accordingly, the annual revenue expectation was updated to 8.9 billion yen, a 31% increase, and the operating profit expectation was updated to 6.3 billion yen, a 33.8% increase.

The company also stated that diversified financing sources, such as a Series B convertible preferred share issuance and a $500 million credit line, contributed to growth. For fiscal year 2026, Metaplanet projects revenue of 16 billion yen and operating profit of 11.4 billion yen.

Meanwhile, Metaplanet shares fell 7.03% to 476 yen on the Tokyo Stock Exchange, while its shares traded on OTC Markets in the US closed the week up 1.56% at $3.26.

*This is not investment advice.