Metaplanet Experiences Exponential Growth in Q3 Revenue

Japanese Bitcoin treasury company Metaplanet has published its third-quarter financial results, revealing a remarkable surge in revenue and profitability. Sales reached 24.01 billion yen, representing a significant 94% increase compared to the previous quarter. Operating profit also surged by 64%, reaching 13.39 billion yen. Net profit for the period stood at 127 billion yen, and net assets expanded by an impressive 165%, ultimately reaching 532.9 billion yen.