Quick Take
  • Metaplanet (3350) is now the fourth largest Bitcoin treasury company, having acquired 5,288 BTC for $615.67 million at an average price of $116,870 per bitcoin.
  • This acquisition brings its Bitcoin yield for 2025 to 497.1%, according to CEO Simon Gerovich.
  • In total, Metaplanet holds 30,823 BTC, accumulated for $3.33 billion at an average price of $107,912 per bitcoin.
  • Based on Q3 performance, the company has revised its FY2025 consolidated guidance as follows:

What Happened

Metaplanet (3350) is now the fourth largest Bitcoin treasury company, having acquired 5,288 BTC for $615.67 million at an average price of $116,870 per bitcoin. This acquisition brings its Bitcoin yield for 2025 to 497.1%, according to CEO Simon Gerovich. In total, Metaplanet holds 30,823 BTC, accumulated for $3.33 billion at an average price of $107,912 per bitcoin.

Market Context

Metaplanet shares dropped 10% to 516 yen during Wednesday’s trading session.

Why It Matters

This revision reflects a 100% increase in revenue and an 88% increase in operating profit compared to the prior forecast.

Details

Metaplanet’s Bitcoin Income Generation segment recorded quarterly revenue of $16.16 million (¥2.438 billion), representing growth of 115.7% compared to Q2 2025, according to Gerovich.

Based on Q3 performance, the company has revised its FY2025 consolidated guidance as follows:

Revenue: $46.26M (¥6,800M), previous: $23.13M (¥3,400M)

Operating profit: $31.97M (¥4,700M), previous: $17.01M (¥2,500M)

According to Gerovich, "Q3 results demonstrate operational scalability and strengthen the financial foundation for our planned Metaplanet preferred share issuance, which supports our broader Bitcoin Treasury strategy."