Metaplanet reports the most profitable quarter to date, with revenues for 2nd quarter (Q2) 2025 being boosted by strong Bitcoin performance and the expansion of the Strategic Treasury.
According to the company’s August 13 financial disclosures, quarterly net profit reached 11.1 billion yen (approximately $75.1 million), overturning a 5 billion yen loss recorded in the same period last year.
The company noted that its regular profits skyrocketed to 17.4 billion yen ($117.8 million) from a loss of 6.9 billion yen in the second quarter of 2024.
At the same time, its revenue rose to 1.239 billion yen ($8.4 million) from a 41% quarter (QOQ), while gross profit rose to 816 million yen ($5.5 million) to 38% QOQ.
Furthermore, the growth in Bitcoin holdings of the Japanese-based company was equally impressive.
Metaplanet said it had obtained 18,113 BTC as of August 12, including 16,351 BTC purchased this year alone. These holdings generate unrealized profits of over 55 billion yen (equivalent to $342 million).
Speaking of these numbers, Metaplanet CEO Simon Gerovich called it “the strongest quarter in Metaplanet history,” and is largely attributed to the company’s Bitcoin strategy.
Metaplanet Prefes
Metaplanet had set an ambitious goal of obtaining 210,000 BTC by 2027, about 1% of its total Bitcoin supply.
The company said the planned acquisition would require approximately $20 billion in funds.
As a result, Bitcoin-centric companies are planning to launch Metaplanet Prefs, a permanent preferred equity program backed by Top Crypto.
With the wealth of Japanese households estimated at $14.9 trillion, including $7.6 trillion in cash deposits and $9.5 trillion in bond markets, we believe there is an important opportunity to lead dormant capital to harvested Bitcoin assets.
Therefore, its Metaplanet aims to issue BTC-backed equipment over a variety of credits and maturities, targeting Japan’s fixed income market.
In its revenue presentation, the company emphasized that the strategy represents the next stage of its mission to convert Japan’s capital markets into digital.
addition:
“The digital transformation of capital is the digital transformation of communication and commerce. We believe this over $100 trillion opportunities keep Metaplanet leading the Japanese capital market.”
He also emphasized that it will leverage its strong balance sheet and credit profile to provide innovative, yield-focused products.
In particular, this model is reminiscent of the preferred equity program (previously micro-strategic) strategy that funds the purchase of Bitcoin.