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Metaplanet
2026-07-23 17:10:15

Metaplanet Stock Plunges 37% in a Month as Bitcoin Bet Backfires

Tokyo-listed Metaplanet saw its stock drop 37% monthly after posting a ¥95 billion net loss driven by Bitcoin valuation losses. Revenue surged 738% to ¥8.9 billion, but a ¥102.2 billion impairment on 35,102 BTC holdings wiped out gains.

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Metaplanet Stock Plunges 37% in a Month as Bitcoin Bet Backfires