Metaplanet's third-quarter results put its new 2026 operating-profit forecast below the amount earned in nine months, while the revenue projection leaves little room above sales already recorded.
The results reset the 2026 revenue estimate at $41.4 million, compared with about $102 million previously. The annual operating-profit projection is now $19.11 million, versus $72.61 million before.
In its third-quarter results, Metaplanet reported nine-month revenue of $37.55 million, up 30.5% year over year. Operating profit was $22.14 million, up 26.5%, and already exceeded the revised full-year estimate.
Despite those operating gains, the period ended in a net loss of about $173 million, after a profit in the year-earlier period. Metaplanet's results linked the loss to nonoperating charges associated with Bitcoin (BTC) valuation and sales; losses tied to Bitcoin sales amounted to about $122 million.
Metaplanet reported holdings of 44,000 BTC at Sept. 30, 1,000 more than at June 30. Metaplanet's third-quarter results put quarterly BTC Yield at 11.3%.
