Metaplanet Reduces 2026 Fiscal Year Performance Expectations, with Revenue Estimates Cut by 59.4%
2026-11-13 21:49:01
According to CoinMeta, the board of directors of Metaplanet has resolved to lower its consolidated performance forecasts for the fiscal year ending December 31, 2026. The revenue forecast has been reduced from 16 billion yen to 6.5 billion yen, a decrease of 59.4%, and the operating profit forecast has been lowered from 11.4 billion yen to 3 billion yen, a decrease of 73.7%. Metaplanet stated that due to mnav remaining consistently below 1.0 times, the company did not proceed with the planned new share issuance for financing. Additionally, the purchase of Bitcoin and the business scale of Bitcoin and income fell short of expectations. The funds obtained from the 52 billion yen convertible bonds issued in October will be prioritized for stock repurchase, and the management expenses and goodwill amortization generated by Metaplanet Securities will also increase expenditures. The company's financial strategy centered around Bitcoin remains unchanged.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.