Revenue skyrocketed by 943% thanks to Bitcoin last quarter.

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Q1 Report of Metaplanet

Metaplanet Inc. (TOKYO: 3350) has confirmed a strong investment strategy in Bitcoin (BTC) with the goal of reaching 10,000 BTC by the end of this year. To date, the company has held 6,796 BTC, exceeding the threshold of 4,046 BTC at the end of the first quarter. To increase its holdings, Metaplanet recently issued 15 million USD in 0% interest bonds.

The revenue for the first quarter of 2025 reached 877 million yen, an increase of 8% compared to the previous quarter and 943.9% compared to the same period last year. 88.1% of the revenue came from selling Bitcoin options, with the remainder from hotel business.

With a net asset of 50.4 billion yen, an increase of 197% compared to the previous quarter, the company has also strengthened its financial power through the global stock market. Metaplanet has received support from international investors and aims to reach 10,000 BTC by the end of 2025.

This week, Metaplanet purchased an additional 1,241 BTC for 18.4 billion yen, after issuing 21.25 million USD in bonds. This demonstrates Metaplanet's strong commitment to strengthening its cryptocurrency investment strategy, particularly in Bitcoin.

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