🇯🇵💸 Metaplanet reported Q1 FY2026 revenue of ¥3.08 billion, up 251% year over year, as the firm continued aggressively expanding its #Bitcoin treasury strategy. Operating profit rose 282.5% YoY to ¥2.27 billion, according to results shared by CEO Simon Gerovich. The company also reported a 73.6% operating margin and a 2.8% $BTC yield for the quarter. Despite strong operational growth, Metaplanet posted a net loss of ¥114.5 million due to non-cash #Bitcoin valuation adjustments tied to $BTC price fluctuations. The results highlight how accounting treatment continues to distort earnings for #Bitcoin treasury firms. Metaplanet previously reported an FY2025 net loss of roughly ¥95 billion, largely driven by a ¥102.2 billion non-cash #Bitcoin markdown. #crypto

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