tl;dr
Metaplanet reported Q1 FY2025 revenue of ¥877 million (~$6.0 million), up 8% quarter-over-quarter, with 88% from Bitcoin option premium harvesting and ¥104 million from hotel operations. The Bitcoin Income Generation strategy, launched in Q4 2024, drove an operating profit of ¥593 million (~$4.0 mil...
Metaplanet reported Q1 FY2025 revenue of ¥877 million (~$6.0 million), marking an 8% increase quarter-over-quarter. A significant 88% of this revenue came from Bitcoin option premium harvesting, totaling ¥770 million (~$5.2 million), with the remainder ¥104 million (~$712,200) generated from hotel operations.
The Bitcoin Income Generation strategy, launched in Q4 2024, has rapidly become Metaplanet’s primary revenue source, driving an operating profit of ¥593 million (~$4.0 million), an 11% rise from the previous quarter. This milestone represents the strongest quarter in the company's history.
Total assets experienced impressive growth, surging 81% to ¥55 billion (~$376.6 million), while net assets soared 197% to ¥50.4 billion (~$345.1 million). The company’s Bitcoin holdings increased by 1,241 BTC to a total of 6,976 BTC, exceeding El Salvador’s national reserves and completing 68% of its ambitious 2025 goal to hold 10,000 BTC.
Despite a ¥7.4 billion valuation loss at the end of March due to Bitcoin price drops, Metaplanet rebounded with unrealized gains of ¥13.5 billion as of May 12. The company recorded a BTC yield of 95.6% in Q1 2025, targeting a massive 232% yield for the full year and 35% specifically for Q3 and Q4.
Shareholder engagement has skyrocketed, with the shareholder count expanding 500% year-over-year to 64,000 in Q1 2025. This rapid growth has positioned Metaplanet as the 11th-largest public Bitcoin holder worldwide and as Asia’s leading Bitcoin treasury company.
Reflecting its strong market position, Metaplanet’s stock price has appreciated 70.91% year-to-date and soared over 15-fold since its first BTC purchase in April 2024, demonstrating exceptional investor confidence and momentum.