Metaplanet Reports 8% Revenue Growth in Q1 FY2025, Bitcoin (BTC) Strategy Drives Results

Metaplanet has released its Q1 FY2025 earnings report. The company reported total revenue of ¥877 million (~$6.0 million), an 8% increase quarter-over-quarter.

Metaplanet, a Japanese company known for its Bitcoin (BTC) purchases and hotel operations, has released its Q1 FY2025 earnings report, showcasing significant revenue growth and a strong financial performance.

The company’s Bitcoin strategy is now the primary driver of its earnings, with total revenue reaching ¥877 billion (about $6 million), marking an 8% increase quarter-over-quarter. A vast majority, 88%, of the total revenue, which came to ¥770 billion (about $5.2 million), was derived from Bitcoin (BTC) option premium harvesting. The remaining revenue of ¥104 billion (about $712,200) was contributed by its hotel operations segment.

The Bitcoin Income Generation strategy, launched in Q4 2024, has enabled Metaplanet to achieve an operating profit of ¥593 billion (about $4 million). This represents an 11% increase from the last quarter, setting a new company record.

Furthermore, total assets grew substantially by 81% to ¥55 billion (about $376.6 million), while net assets surged even more significantly by 197% to ¥50.4 billion (about $345.1 million).

Metaplanet’s Bitcoin holdings, following the recent purchase of 1,241 BTC, now stand at 6,976 BTC, surpassing El Salvador’s national reserves. The firm has now achieved 68% of its 2025 goal to hold 10,000 BTC in just over four months.

“We booked a ¥7.4 billion valuation loss as BTC price at end-March was lower than year-end, but BTC has since rebounded — as of May 12, we hold ¥13.5 billion in unrealized gains,” CEO Simon Gerovich wrote on X.

The report also highlighted that the company recorded a BTC Yield of 95.6%, following a 309.8% yield in Q4 2024. For 2025, the firm is targeting a 232% yield. Additionally, the Q3 and Q4 2025 yield target is 35%.

Lastly, Metaplanet’s shareholder count also experienced a remarkable growth of 500% over one year. In Q1 2025, the company reached 64,000 shareholders, reflecting the significant expansion of its investor base.

“This was the strongest quarter in our company’s history,” Gerovich added.

This growth has positioned Metaplanet as the 11th-largest public Bitcoin holder globally and Asia’s leading Bitcoin treasury company. The company’s stock price has also seen significant gains. According to Google Finance data, 3350.T has appreciated 70.91% YTD.

Moreover, BeInCrypto reported that the stock price has grown more than 15-fold since April 2024, when Metaplanet made its first Bitcoin purchase.