📌 Metaplanet Posts ¥114.5B Net Loss as Bitcoin Falls Through Q1, Delays Preferred Share Listing – The Tokyo-listed Bitcoin treasury company added 5,075 BTC in the quarter to reach 40,177, but mark-to-market accounting turned a strong operating performance into a headline loss, and Japans preferred share market has proved harder to crack than expected.
$BTC
Tokyo-listed Metaplanet posted a ¥114.5B net loss as #BTC fell through Q1. The firm added 5,075 BTC in the quarter to reach 40,177, but mark-to-market accounting flipped strong operating gains into a headline loss.
Its planned preferred-share listing in Japan has been delayed as the local market proves harder to crack.
#BTC Price Analysis# #Macro Insights# #Metaplanet
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