Metaplanet announces Q1 2025 financial report, with net sales up 943.9% year-on-year

According to Finance Feeds, Metaplanet, a company listed on the Tokyo Stock Exchange, announced its first quarter financial report for the fiscal year 2025 on May 14th. Despite a quarterly net loss of 5.046 billion yen due to fluctuations in Bitcoin valuation, the company's net sales surged 943.9% year-on-year to 877 million yen, achieving an operating profit of 592 million yen and unrealized earnings of approximately 13.5 billion yen. The company recently increased its holdings of 1241 bitcoins, bringing its total holdings to 6796, surpassing the Salvadoran government. Metaplanet has developed a "21 million plan" with the goal of holding 10000 bitcoins by the end of 2025 and reaching 21000 by the end of 2026. In addition, the company has established a subsidiary in Miami, USA with a capital of 250 million US dollars and raised approximately 76.6 billion Japanese yen through warrant financing for the acquisition of Bitcoin, demonstrating its transformation from a Japanese domestic enterprise to a global Bitcoin finance strategic participant.