Metaplanet announces third-quarter financial report, posts net profit of 12.7 billion yen

Japanese Bitcoin treasury firm Metaplanet records profits in Q3 despite ongoing market volatility.

Metaplanet Inc., Asia’s largest Bitcoin treasury firm, has just released its financial report for the third quarter of the year. According to the official disclosure, the company realized a net profit of 12.7 billion yen, approximately $82 million. In addition to the net profit, the Japanese-based firm also saw a rise in revenue from sales, which stood at 2.401 billion yen, or approximately $15.5 million.

This number marks a 94% increase from the figure recorded quarter-over-quarter, with the firm’s operating profit also rising by 64% to 1.339 billion yen, roughly $8.7 million.

Furthermore, Metaplanet saw a sharp rise in net assets. The company’s net assets jumped from 201 billion yen to 532.9 billion yen, an increase of 165% quarter-over-quarter. The surge highlights its strengthening market position and continued gains in operational efficiency, as it continues to advance its Bitcoin (BTC) treasury strategy.

The Tokyo-based firm’s profitable quarterly report comes despite the ongoing volatility in the market, with BTC recently dropping on the charts to the $102,000 region. Still, the treasury firm holds over 30,823 BTC, making it one of the largest non-U.S. public companies holding Bitcoin.

Metaplanet responds to reports of potential JPX crackdown on Bitcoin treasury firms

Alongside its Q3 financial report, Metaplanet also responded to recent reports that the Japan Exchange Group (JPX) is considering stricter regulations for companies holding crypto assets such as Bitcoin. The potential rules are aimed at preventing backdoor listings and tightening corporate governance among firms that use Bitcoin as a treasury reserve asset. 

Metaplanet acknowledged the global rise of “Bitcoin treasury companies” saying it views the regulatory debate as a natural and positive development designed to strengthen market integrity and investor protection. The firm added that it was ready to cooperate with the necessary authorities towards regulations.

Closing its statement,  the Bitcoin treasurer reiterated that transparency is central to strategy approach. It promised to reinforce trust among investors and strengthen its long-term corporate governance framework.