Metaplanet Books $725 Million Q1 Loss as Bitcoin Stack Hits 40,177 BTC
The post Metaplanet Books $725 Million Q1 Loss as Bitcoin Stack Hits 40,177 BTC appeared on BitcoinEthereumNews.com. Metaplanet booked a ¥114.5 billion ($725 million) net loss for the first quarter of fiscal 2026. Accounting valuation losses on its Bitcoin (BTC) holdings drove the decline after the cryptocurrency posted its worst Q1 since 2018. Bitcoin’s Worst Q1 Since 2018 Hits Metaplanet’s Treasury Bitcoin fell roughly 22% during the first quarter of 2026. The drop marked Bitcoin’s weakest first quarter in eight years. The decline hit major corporate holders, including Metaplanet. “The ordinary loss and quarterly net loss attributable to owners of parent were primarily attributable to accounting valuation losses resulting from the decline in Bitcoin prices at the end of the first quarter and reflect short-term mark-to-market fluctuations,” the firm said. Despite the dip, the Tokyo-listed firm increased its Bitcoin holdings to 40,177 BTC. BTC holdings per fully diluted share rose 2.8