Metaplanet Posts $170M Nine-Month Loss As Bitcoin Sales And Borrowing Costs Hit Earnings
Metaplanet reported a 27.16 billion yen net loss, about $170 million, for the first nine months of 2026, reversing a 13.53 billion yen profit a year earlier. Bitcoin sale and valuation losses totaled 27.21 billion yen, offsetting 30.5% revenue growth to 5.9 billion yen. It held 44,000 BTC at September end, cut full-year revenue guidance to 6.5 billion yen, and faces MSCI index removal November 30.
