Metaplanet Hits Strong Q3, Reveals New Capital Plans

Key Highlights:

  • Metaplanet’s Q3 revenue surged 1,702% year-on-year to ¥4.5 billion.
  • The company added more than 5,200 BTC in Q3.
  • Despite operational strength, Metaplanet’s shares fell 67.5% in Q3.

Metaplanet, a publicly traded Bitcoin holding company, has released its third quarter report of 2025 today, November 13, 2025 on social media platform X. The report indicates that the company has generated a consolidated revenue of ¥4.517 billion, which is 1,702.1% increase when compared to the same period last year. The company also swung to profitability with operating income of ¥2.748 billion, reversing a loss of ¥183 million in Q3 2024. Ordinary income expanded to ¥23.229 billion, while the net income which is attributable to shareholders reached ¥13.528 billion compared to a net loss last year.

One thing is clear from this report that the sharp rise in Bitcoin’s value has resulted in a great non-operating income which is worth ¥20.64 billion.

Business Strategy Centered on Bitcoin Pays Off

In April 2024, the company decided to shift its focus from a hospitality and consulting company to becoming a Bitcoin treasury and investment firm and it currently holds 30,823 BTC as of September 2025. Under the leadership of Simon Gerovich, this strategic shift is designed to push long-term shareholder value by steadily growing the company’s Bitcoin reserves.

The company has managed to accumulate more than 5,200 BTC in the third quarter alone. These BTC purchases were funded through capital raises such as equity offerings and warrant exercises that increased its total share base.

Recently, Simon Gerovich, CEO of the company also posted about the growing public trust in Metaplanet’s Bitcoin focused strategy. He highlighted that about 0.2% of all Japanese citizens now hold Metaplanet’s shares and this total represents a 66% increase in shareholders over the past few months, indicating how rapidly confidence in the company’s Bitcoin-focused vision has grown.

Key Performance Indicators Reflect Growth

Core Bitcoin treasury metrics that showed a strong performance in Q3:

BTC Yield: Bitcoin growth per fully diluted share came in at 33.0%.

BTC Gain: This indicates a total increase in Bitcoin holdings on a fully diluted basis, which reached 4,412 BTC.

BTC ¥ Gain: This measures the yen value of the newly added bitcoins and it totalled up to ¥74.16 billion.

These numbers indicate that the company has been efficient in expanding its Bitcoin reserves even as its share base grows, increasing its long-term shareholder value and validating its Bitcoin-centric business model.

Introducing Perpetual Preferred Stock to Optimize Capital

In the report, Metaplanet announced that it is planning to issue perpetual preferred shares as well as a part of its capital optimization and Bitcoin accumulation strategy. The filings note that these instruments are currently under a regulatory review by the Tokyo Stock Exchange (TSE). These shares will offer fixed dividends with no maturity date, providing the company with a stable and lasting source of capital.

These shares will be branded as “Metaplanet Prefs” and they aim to increase funding efficiency, support long-term Bitcoin accumulation and diversify capital sources beyond common equity.

Moreover, Simon also recently posted about the recent media reports and clarified that Metaplanet’s shift to a Bitcoin-focused business was carried out transparently and with full shareholder approval. The company has had five shareholder meetings in the past two years to approve key steps.

Phase II Initiative: Expanding the Bitcoin Platform

The company has also revealed a new strategic phase known as the “Phase II: Bitcoin Platform”, where it will focus on expanding Bitcoin-related businesses and building steady cash flow to support dividend payouts for preferred shareholders.

This initiative follows the successful “21 Million Plan” and the 2025-2027 Bitcoin Plan”, which shows the company’s commitment to growing its role in the crypto space.

Stock Price Correction and Market Sentiment Outlook

Even though the business record shows a solid growth, Metaplanet’s stock price however fell about 67.5% in Q3 2025. This drop was observed mainly due to worries about share dilution from new fund raisers, regulatory uncertainty around crypto. However, the company’s strong earnings gives investors a reason to stay positive about the future of the company.

Also Read: Dubai Court Freezes $456M Linked to Justin Sun’s Crypto Aid

Source: https://www.cryptonewsz.com/metaplanet-hit-strong-q3-new-capital-plans/