Bitcoin treasury company Metaplanet reported a strong operating performance in the first half of 2026. The profit was made despite the price drop of BTC, resulting in a huge accounting loss.
Metaplanet Posts Massive Profit In H1
Metaplanet’s revenue for the six-months ending June 30 was ¥4.944 billion, or approximately $33 million, up 133.7% from the previous six months. The company’s operating profit jumped 136.3% on year to ¥3.331 billion ($20.3 million), in its latest earnings report.
The Bitcoin treasury company, however, reported a net loss of ¥182.774 billion ($1.2 billion) against a net profit of ¥6.059 billion in the previous year. The turnaround was mainly triggered by an unrealized Bitcoin valuation loss of ¥184.297 billion. This loss occurred when the Bitcoin price in yen fell through June 30.






