Metaplanet released its earnings report for the first quarter of the 2025 fiscal year. The company reported total revenue of ¥877 million (~$6.0 million), which is 8% higher compared to the previous quarter.
88% of total revenue, specifically ¥770 million (~$5.2 million), was generated from collecting premiums on bitcoin options. The remaining ¥104 million (~$712,200) came from the hotel operations segment, highlighting a significant shift in the company's financial focus.
The bitcoin strategy provides an 8% increase in Metaplanet's revenue in the first quarter.
The bitcoin revenue generation strategy, launched in the fourth quarter of 2024, is now the main source of revenue for Metaplanet. This strategy has achieved an operating profit of ¥593 million (~$4.0 million).
This represents an increase of 11% compared to the previous quarter, setting a new company record. Additionally, total assets rose by 81% to ¥55 billion (~$376.6 million). Meanwhile, net assets increased by 197% to ¥50.4 billion (~$345.1 million).
Metaplanet's bitcoin assets, bolstered by a recent purchase of 1,241 bitcoins, total 6,976 bitcoins, exceeding the national reserves of El Salvador. The company has already achieved 68% of its goal for 2025 to hold 10,000 bitcoins in just over four months. The report also noted that the company recorded a bitcoin yield of 95.6%, following a 309.8% yield in the fourth quarter of 2024. For 2025, the company aims to achieve a yield of 232%. Additionally, the target yield for the third and fourth quarters of 2025 is 35%.
Finally, the number of Metaplanet shareholders also saw a significant increase of 500% over the year. In the first quarter of 2025, the company reached 64,000 shareholders, reflecting a significant expansion of its investor base.
"This was the strongest quarter in our company's history," added Gerovich.
This growth positioned Metaplanet as the 11th largest public bitcoin holder in the world and a leading bitcoin treasury management company in Asia. The company's stock price also experienced significant growth. According to Google Finance, 3350.T has risen by 70.91% since the beginning of the year. Furthermore, BeInCrypto reported that the stock price has increased by more than 15 times since April 2024, when Metaplanet made its first bitcoin purchase.#BinanceSquare #Write2Earn #BinanceAlphaAlert #metaplanet #crypto $BTC
