Metaplanet Swings to $170M Loss

Japanese Bitcoin holder Metaplanet swung to a $170 million net loss in the first nine months of 2026. A 19.17 billion yen loss on selling 10,000 coins and an 8.04 billion yen drop in holdings value outweighed operating gains. The company cut its full-year revenue forecast to 6.5 billion yen from 16 billion yen.