#What were Metaplanet's latest revenue figures?
Metaplanet, recognized as Japan’s leading publicly traded Bitcoin treasury firm, reported impressive revenue of $10.75 million from its Bitcoin income division in the second quarter of fiscal year 2026. This figure aligns closely with the company's own estimate of around $11 million, confirming the growing significance of Bitcoin within its business model.
Launched in the fourth quarter of 2024, the Bitcoin income operation has quickly become the backbone of Metaplanet’s revenue strategy.
#How does Metaplanet generate its Bitcoin income?
Metaplanet's primary source of income stems from premiums obtained through cash-secured Bitcoin options. This involves selling options contracts that allow buyers to purchase Bitcoin at a set price within a specified timeframe. Importantly, the company benefits from the fees or premiums collected from these contracts, regardless of whether the options are exercised. In fact, this approach accounted for a remarkable 95% of the revenue growth observed in fiscal year 2025, showcasing the effectiveness of their strategy.
#What are Metaplanet's financial expectations moving forward?
For the entirety of fiscal year 2026, Metaplanet projects a total revenue of approximately 16 billion yen, equivalent to around $103 to $104 million. It anticipates an operating profit near 11.4 billion yen, approximately $73 to $74 million. Notably, a substantial portion of this revenue is expected to be derived from its Bitcoin income segment.
As of the end of March 2026, Metaplanet is holding 40,177 BTC on its balance sheet. The company has an ambitious target to increase its holdings to over 100,000 BTC by the conclusion of 2026 and aims for a staggering 210,000 BTC by the end of 2027. To put this in context, 210,000 BTC represents 1% of the total supply of Bitcoin, which is capped at 21 million coins.
#How is Metaplanet diversifying its revenue streams?
In June 2026, Metaplanet made a strategic acquisition of Siiibo Securities for around 2.1 billion yen, roughly $13 million. This move aims to enhance Metaplanet's ability to offer Bitcoin-linked yield products. As a result, the company can cater to a broader spectrum of investors, further diversifying its income sources beyond merely relying on options premiums.