TLDR
- Metaplanet soars on Q2 profit surge, Bitcoin stash hits $1.85B
- Q2 profits, 18K BTC push Metaplanet to top spot in Japan’s crypto scene
- Bitcoin-backed growth fuels Metaplanet’s 299% net asset surge
- Metaplanet rallies as profits jump, Bitcoin holdings rank 6th globally
- Bitcoin boost drives Metaplanet’s record Q2 and new finance products
Metaplanet Inc. (3350.T) closed at 993.00 JPY, marking a daily rise of 18.00 JPY or 1.85%. The stock pushed past key levels of 975.00 and 985.00 late in the day before closing. This move followed the company’s release of its strong second-quarter financial performance.
Metaplanet reported revenue of ¥1.239 billion ($8.4 million), reflecting a 41% increase quarter-on-quarter. Gross profit stood at ¥816 million ($5.5 million), rising 38% in the same period. The company also reported an ordinary profit of ¥17.4 billion ($117.8 million), reversing a prior ¥6.9 billion loss.
Metaplanet Q2 Earnings Results:
– Revenue ¥1.239B ($8.4M) +41% QoQ
– Gross Profit ¥816M ($5.5M) +38% QoQ
– Ordinary Profit ¥17.4B ($117.8M) vs. -¥6.9B
– Net Income ¥11.1B ($75.1M) vs. -¥5.0B
– Assets ¥238.2B ($1.61B) +333% QoQ
– Net Assets ¥201.0B ($1.36B) +299% QoQ— Metaplanet Inc. (@Metaplanet_JP) August 13, 2025
Net income surged to ¥11.1 billion ($75.1 million), from a loss of ¥5.0 billion last year. This shift marked a sharp operational turnaround across all financial lines. Assets also jumped to ¥238.2 billion ($1.61 billion), a 333% quarterly increase.
Bitcoin Holdings Strengthen Balance Sheet
The company now holds 18,113 BTC, positioning it as Japan’s largest publicly listed bitcoin holder. These holdings, valued at $1.85 billion, place Metaplanet sixth globally among corporate bitcoin treasuries. The value of its Bitcoin assets has supported a substantial gain in reported net assets.
Net assets rose to ¥201.0 billion ($1.36 billion), up 299% compared to the prior quarter. This boost reflects both appreciation in asset prices and strategic acquisition efforts. The company disclosed a 468% yield on its bitcoin holdings so far in 2025.
To support further growth, Metaplanet raised ¥242.2 billion ($1.83 billion) in capital. It used these funds to acquire bitcoin at an average price of $101,422 per coin. Due to recent price appreciation, its unrealized profit currently stands at $317.8 million.
Strategic Moves into Bitcoin-Backed Finance
Metaplanet announced “Metaplanet Prefs,” a perpetual preferred equity instrument backed by Bitcoin. This product aims to expand the company’s treasury operations and introduce BTC-backed instruments in Japan’s fixed income market. The design mirrors similar offerings from global firms seeking to integrate cryptocurrency into capital markets.
The company plans to develop a Bitcoin-backed yield curve to price BTC-collateralized credit instruments. This initiative will provide institutions with a new avenue for Bitcoin exposure while generating predictable returns. It also positions Bitcoin as credible collateral within Japan’s financial system.
By blending asset management with capital market innovation, Metaplanet seeks to broaden its influence beyond Bitcoin accumulation. These initiatives could reshape fixed income products in Japan and elevate Bitcoin’s role in traditional finance. Together with its Q2 gains, the moves signal a long-term growth strategy.
