Metaplanet’s Bitcoin Strategy Weighs Heavily as Unrealized Losses Mount
02.01.2026 - 04:32:04
Metaplanet enters 2026 facing significant financial headwinds, with its aggressive accumulation of Bitcoin now creating substantial pressure on its balance sheet. The company’s high-risk digital asset strategy is revealing its downside, coinciding with a steep decline in the firm’s share price, which has surrendered nearly all of its previous valuation premium.
The company’s recent purchase of 4,279 Bitcoin for $451 million near the end of 2025 has proven costly in the short term. This acquisition brings Metaplanet’s total holdings to 35,102 BTC, ranking as the fourth-largest corporate Bitcoin treasury globally. The core issue is the disparity between the company’s average purchase price and the current market value. With an Read more...
