{
  "id": 19850310,
  "title": "Metaplanet swings to $170M loss as Bitcoin sale hits earnings",
  "url": "https://urgent.news/2026/11/13/metaplanet-swings-to-170m-loss-as-bitcoin-sale-hits-earnings",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T18:28:29.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/metaplanet-swings-170m-loss-bitcoin-sale-earnings"
  },
  "original_language": "en",
  "account": "Metaplanet, the world's second-largest publicly traded corporate Bitcoin holder, reported a $170 million net loss for the first nine months of 2026, despite higher revenue and operating profit. The company's losses were attributed to declines in Bitcoin's value, a loss on the sale of 10,000 BTC, and increased borrowing costs. Metaplanet sold 10,000 BTC for 124.7 billion yen, later spending 149.9 billion yen to purchase 11,000 BTC at a 9.3% higher average price per coin. The company borrowed against its Bitcoin holdings during the quarter, increasing its debt under the credit line to $649.5 million by the end of September. Metaplanet's interest expense rose by 56% to 1.36 billion yen ($8.5 million) during the quarter. The company's full-year revenue forecast was cut to $40.6 million from $100 million. Bitcoin treasury companies face pressure from index removals and falling Bitcoin prices, with Metaplanet's earnings coming as such companies deal with these challenges.",
  "summary": "Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}