Metaplanet’s Assets Skyrocket to ¥550.7 Billion as Bitcoin Rally Fuels Growth

Metaplanet's balance sheet just hit hyperdrive—thanks to Bitcoin's relentless bull run. The Japanese investment firm's assets ballooned to ¥550.7 billion ($3.8B) as crypto valuations defied gravity (and skeptics).

Bitcoin's surge acts as financial jet fuel

While traditional investors fret over yield curves, Metaplanet's BTC-heavy portfolio keeps printing gains. The firm's strategic crypto allocation—once mocked by conservative analysts—now outperforms 92% of Japan's traditional asset managers.

Wall Street's old guard watches from the sidelines

As institutions scramble to retrofit their balance sheets for Web3, Metaplanet's early bet looks prescient. 'Diversification' suddenly means holding more than just gold and government bonds—though good luck explaining that to a Boomer fund manager.

Another brick in Bitcoin's institutional case

With each corporate balance sheet mooning alongside crypto, the 'store of value' narrative gains concrete proof points. Meanwhile, fiat-backed portfolios keep losing purchasing power—but hey, at least they're FDIC insured.

TLDR

• Metaplanet’s revenue surged by 1,700% year-over-year, reaching ¥4.3 billion in Q3 2025.
• The company’s net profit increased to ¥13.5 billion, up from a loss of ¥321 million last year.
• Metaplanet now holds 30,823 BTC, making it the fourth-largest publicly listed Bitcoin holder.
• The company’s total assets grew to ¥550.7 billion, with an equity ratio of 96.7%.
• Metaplanet decided not to issue dividends this year, opting to strengthen its balance sheet instead.

Metaplanet Inc. has reported a dramatic financial growth for the third quarter of 2025. The company’s shift toward a Bitcoin-focused treasury strategy has led to a 1,700% year-over-year increase in revenue. Metaplanet’s total assets now exceed ¥550.7 billion, solidifying its position as one of the largest Bitcoin holders in Japan.

Record Revenue and Profit Surge

Metaplanet’s financial results for Q3 2025 reflect a strong performance. The company’s revenue surged to ¥4.3 billion, a 1,700% increase from the same period last year. It also recorded a net profit of ¥13.5 billion, a significant jump from a loss of ¥321 million in Q3 2024.

*Financial Results Summary for the Third Quarter of the Fiscal Year Ending December 31, 2025 [Japanese GAAP] (Consolidated)* pic.twitter.com/fdxgK6WdwF

— Metaplanet Inc. (@Metaplanet_JP) November 13, 2025

The company’s pivot from hotel operations to bitcoin investment in early 2024 has paid off. Metaplanet now holds 30,823 BTC, ranking it fourth among publicly traded Bitcoin holders globally. The company’s rapid growth can be attributed to substantial gains in crypto valuations.

Despite the impressive financial results, Metaplanet has decided not to issue dividends this year. Instead, it has chosen to prioritize strengthening its balance sheet for future growth. This decision reflects the company’s long-term focus on sustaining its Bitcoin-heavy strategy.

Metaplanet’s Growing Bitcoin Holdings

Since transitioning to a Bitcoin-focused model, Metaplanet’s assets have expanded significantly. The company’s total assets reached ¥550.7 billion, up substantially from the previous year. Its equity ratio now stands at 96.7%, a clear indicator of its strong financial position.

Metaplanet’s Bitcoin holdings remain a major driver of its financial performance. The company’s decision to concentrate on cryptocurrency has positioned it as a leader in Japan’s rapidly evolving digital asset market. Its aggressive approach to Bitcoin investments has proven successful despite market volatility.

The company’s assets and balance sheet have benefited from favorable Bitcoin market conditions. Metaplanet’s strategy has made it one of the top players in Japan’s cryptocurrency sector, especially among publicly listed companies.

JPX Eyes Stricter Oversight on Crypto-Focused Firms

The Japan Exchange Group Inc. (JPX) is considering stricter regulations for companies heavily involved in cryptocurrency. According to reports, JPX plans to monitor companies like Metaplanet that hold significant crypto holdings. The exchange may introduce tighter listing rules and require fresh audits for such firms.

This comes amid increased concerns over crypto market volatility, particularly after retail investors suffered losses. JPX’s proposed regulations aim to improve risk management and governance for these companies. Metaplanet, along with others, could face stricter scrutiny from the exchange.

The shift in regulations could impact the future of companies like Metaplanet. As the largest Bitcoin-holding company in Japan, Metaplanet’s strategy may come under closer scrutiny. However, the company’s impressive performance suggests it is well-prepared to navigate these changes.