Metaplanet swings to $170M loss as Bitcoin sale hits earnings

Metaplanet swings to $170M loss as Bitcoin sale hits earnings

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Metaplanet swung to a $170 million net loss in the first nine months of 2026, hit by a decline in the value of its Bitcoin holdings and a loss on the sale of 10,000 coins to demonstrate its ability to raise cash.

The Japanese company, the world’s second-largest publicly traded corporate Bitcoin (BTC) holder, posted a net loss of 27.16 billion yen (about $170 million), compared with a profit of 13.53 billion yen ($84.6 million) in the same period last year.

A 19.17 billion yen ($119.8 million) loss on the Bitcoin sale and an 8.04 billion yen ($50.3 million) loss from a decline in the value of its Bitcoin holdings outweighed gains in the operating business.

Over the quarter, Metaplanet sold the 10,000 BTC for 124.7 billion yen and temporarily held the proceeds in cash, stablecoins and other liquid assets.

It then spent 149.9 billion yen to buy 11,000 BTC, paying 9.3% more per coin on average.

The company said the sale was meant to show rating agencies and bond investors that it could turn its Bitcoin into cash to meet financing obligations.

At the end of September, holdings rose by a net 1,000 coins to 44,000 BTC.

Metaplanet borrowed against its Bitcoin holdings during the quarter, increasing the amount it owed under the credit line to $649.5 million at the end of September from $414 million at the end of June.

The company said it funded Bitcoin purchases from the second quarter onward with money borrowed under the credit line, proceeds from bond sales and the exercise of stock acquisition rights, and revenue from its Bitcoin options business.

Metaplanet’s interest expense rose 56% from the previous quarter to 1.36 billion yen ($8.5 million).

Analiz: Piyasa hareketliliği devam ediyor.