Metaplanet posts $170M loss after Bitcoin holdings are sold

Japanese corporate Bitcoin holder Metaplanet reported a sharp turnaround in its first nine months of 2026, swinging to a net loss of 27.16 billion yen (about $170 million) as the value of its Bitcoin treasury declined and a planned BTC sale weighed on results. In the company’s disclosure for the period ended September, Metaplanet said the loss was driven primarily by a 19.17 billion yen (about $119.8 million) deficit from selling 10,000 BTC during the quarter and an additional 8.04 billion yen (about $50.3 million) loss attributed to the decline in the mark-to-market value of its remaining Bitcoin holdings.