Metaplanet delivered standout results in the second quarter of 2025, fueled by a surge in revenue from its Bitcoin-focused income strategy.
The company reported a 42% quarter-over-quarter jump in earnings from its BTC income operations—far outpacing the projected 5% growth rate for the S&P 500.
With 13,350 BTC now under its control, Metaplanet has climbed to fifth place among global public companies holding Bitcoin, surpassing even Tesla and CleanSpark. This leap in performance was driven not just by appreciation in Bitcoin’s price, but by the firm’s structured income model tied to Bitcoin derivatives.
Instead of relying solely on spot market purchases, Metaplanet has deployed a strategy of selling cash-secured Bitcoin put options. These options, once expired or exercised, generate steady revenue while enabling the company to expand its holdings. The firm emphasized that all contracts were fully collateralized and carefully managed to reduce risk, underscoring its disciplined approach to both revenue generation and treasury growth.
The second-quarter results put Metaplanet well ahead of pace to meet its full-year revenue forecast of ¥3.4 billion, with ¥3.0 billion expected from its Bitcoin income division alone. The company said that its method not only accumulates BTC at scale but also ensures cash flow—a rare combination in the volatile world of digital assets.
Metaplanet CEO Simon Gerovich celebrated the performance in a recent social media post, sharing a chart that illustrated the firm’s continuous quarterly growth since early 2024. His message was concise but clear: “Capital in. Volatility on. Revenue up. Bitcoin ahead.”
With institutional confidence in crypto steadily growing and Metaplanet’s option-based strategy showing strong returns, the firm is rapidly becoming a model for Bitcoin-centric corporate finance.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
Source: https://coindoo.com/metaplanet-crushes-q2-estimates-as-bitcoin-income-business-booms/