Metaplanet posts $170 million net loss, 44,000 BTC held as MSCI index removal looms

Metaplanet reported a net loss of $170 million for the first nine months of 2026, reversing a profit of $84.6 million in the same period last year due to markdowns on its Bitcoin holdings and a significant loss from the sale of 10,000 BTC. The Tokyo-based company, recognized as the world’s second-largest publicly listed corporate Bitcoin holder, posted a net loss of 27.16 billion yen ($170 million). Results were impacted by a 19.17 billion yen ($119.8 million) loss realized on the sale of 10,000 BTC and an 8.04 billion yen ($50.3 million) decline in Bitcoin valuation.