🚨 BREAKING: Metaplanet posted a huge $724M Q1 2026 loss as Bitcoin’s price decline triggered major valuation losses on its $BTC holdings.
Despite the losses, the firm kept buying more Bitcoin, growing its reserves to 40,177 BTC and cementing its position as the world’s third-largest publicly listed Bitcoin holder.
Meanwhile, revenue and operating profit surged more than 250% year-over-year. However, investors reacted negatively to the earnings report, sending Metaplanet shares down nearly 4%...