Metaplanet Raises 2026 Forecast Despite $700M Bitcoin Hit

Crypto News Business

Metaplanet Raises 2026 Forecast Despite $700 Million Bitcoin Hit

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 26, 2026

Key Takeaways

Metaplanet raised its 2025 revenue forecast to $58 million and expects higher operating income despite a large accounting loss;
The company anticipates a $680 million to $700 million Bitcoin impairment, a non-cash adjustment that does not affect its daily operations;
For 2026, Metaplanet projects $103 million in revenue and $73 million in operating income, mainly driven by its Bitcoin business.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Metaplanet Raises 2026 Forecast Despite $700 Million Bitcoin Hit

BITDEGREE IN YOUR SOCIAL FEED

Metaplanet, a Tokyo-based company holding a large Bitcoin BTC $88,110.86 reserve, has updated its financial outlook with mixed results.

The firm expects stronger performance from its operations, but also faces a major accounting loss due to the drop in Bitcoin’s value.

In a statement released on January 26, Metaplanet raised its 2025 targets. The company projects revenue of about 8.9 billion yen (around $58 million) and operating income of roughly $40 million.

What is IOTA's Tangle? IOTA & mIOTA Animated Explainer

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

Despite this, it expects an ordinary loss of $632 million and a net loss of $491 million. The main reason is a non-cash Bitcoin impairment estimated at $680–$700 million.

Metaplanet said the impairment is a bookkeeping change, not an actual loss of funds. It results from end-of-quarter mark-to-market accounting and does not affect cash flow or day-to-day business. The company’s final 2025 report is scheduled for release on February 16.

The firm’s Bitcoin income generation business performed better than expected. Management said revenue from this segment in the final quarter of 2025 should “significantly exceed initial projections", which brings full-year revenue for that division to about $55 million.

For 2026, Metaplanet expects even stronger growth. It projects revenue of around $103 million and operating income of about $73 million. Almost all of this is expected to come from its Bitcoin-related activities.

Selling, general, and administrative costs are expected to reach about $29 million.

Meanwhile, ETHZilla, a company that manages Ethereum ETH $2,927.20 -based funds, has started expanding into real-world assets. How? Read the full story.