Metaplanet booked a ¥114.5 billion ($725 million) net loss for the first quarter of fiscal 2026.  Accounting valuation losses on its Bitcoin (BTC) holdings drove the decline after the cryptocurrency posted its worst Q1 since 2018. Bitcoin’s Worst Q1 Since 2018 Hits Metaplanet’s Treasury Bitcoin fell roughly 22% during the first quarter of 2026. The
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