Metaplanet CEO Simon Gerovich acknowledged that preferred shares unveiled in November have yet to be issued. Metaplanet reported a first-quarter loss of $725 million, a sharp widening compared to $31 million last year The company reported a jump in revenue derived from selling Bitcoin options contracts at $15.8 million. The Tokyo-based company highlighted an expansion in its investor base, reaching 250,000 total shareholders during the period. Metaplanet reported a first-quarter loss of $725 million (¥114.5 billion) on Wednesday, a sharp widening driven by a decrease in the value of its Bitcoin holdings. The firm posted a $31 million (¥5 billion) loss a year ago. During the period ended March 31, the Tokyo-based firm added 5,075 Bitcoin to its stockpile, a 14.5% increase quarter-over-quarter. With Bitcoin recently changing hands around $79,300, the company’s stash, totaling 40,177 Bitcoin, was valued around $3.18 billion. Since Metaplanet began accumulating Bitcoin in April 2024, the company has emerged as the digital asset’s third-largest corporate holder. Like many Bitcoin-buying firms, the company has faced pressure as the digital asset has declined from record highs last year. The company’s stock closed at ¥327.00 on Wednesday, according to Yahoo Finance. Shares have advanced 5.8% over the past month—turning higher as Bitcoin’s price has hovered around the $80,000 mark—but they remain 45% lower compared to a year ago. Our ambition runs along two tracks: continuing to build our Bitcoin position with discipline and patience, while developing the services and businesses that operate atop that foundation,” Metaplanet CEO Simon Gerovich said in a post to X. The company, in many ways, has positioned itself as the Strategy of Japan. Along those lines, Metaplanet has moved to establish a preferred share that mimics STRC, the variable-rate product that Michael Saylor’s Bitcoin giant has embraced as a source of funding. In a separate post to X, Gerovich acknowledged that the firm has yet to issue “MARS” and “MERCURY,” dividend-paying products unveiled in November. He said the process is “taking longer than initially anticipated,” but remains committed to bringing them to market. Although Strategy currently pays out dividends monthly on STRC, Gerovich noted that Japanese listed companies typically make distributions once or twice a year. He added that the design for MARS and MERCURY is currently being refined in relation to local market practices. $BTC
🇨🇳🇺🇸 US and China should be partners, not rivals. 👀🌍
Trump and Xi just held what could become the most important geopolitical meeting of 2026 — and markets may still be underestimating it. China gave Trump a full state welcome in Beijing: • Red carpet • Military honors • State banquet In Chinese diplomacy, symbolism matters. And this was a major signal. During nearly two hours of talks, Trump and Xi discussed: • Trade • Taiwan • Iran • Energy • Global stability • US–China relations But one warning changed the tone completely. Xi reportedly said mishandling Taiwan could push both nations toward “clashes and even conflict.” That remains the ultimate red line between the world’s two largest powers. At the same time, Xi also called US–China ties: “The most important relationship in the world.” A relationship affecting 1.7 billion people directly — and more than 8 billion globally. Then came the unexpected headline: “The rejuvenation of China and Make America Great Again can go hand in hand.” Meanwhile, Trump called Xi a friend and invited him to the White House. But this wasn’t just politics. Some of America’s biggest business leaders were also in the room: • Elon Musk • Tim Cook • Jensen Huang • CEOs from major US corporations Translation: AI, semiconductors, trade, energy, and global supply chains were all part of the conversation. No massive deal was announced. No tariff breakthrough. No trillion-dollar package. But the tone shifted. And markets often react to direction long before details arrive. If US–China tensions continue easing: • Risk appetite could rise • Trade pressure may decline • Supply chains could stabilize • Bitcoin and altcoins may benefit One meeting. Two superpowers. And trillions of dollars watching closely. $BTC $ETH