Metaplanet's Bitcoin Income Revenue Falls 65% to ¥848.4 Million in Fiscal Q3
- —Metaplanet's Bitcoin income unit posted ¥848.4 million in Q3 revenue
- —Revenue fell 65% year over year, the third consecutive quarterly drop
- —The figure is about 51% below the previous quarter's level
- —The Tokyo-listed company disclosed the results on October 5, 2026
Why it matters: Falling Bitcoin-related revenue raises questions about the durability of crypto treasury models that rely on asset premiums.
Source: Coinotag