PANews reported on December 18 that Metaplanet Inc. announced that it expects to achieve its first annual operating profit since 2017 in the fiscal year 2024. The company anticipates that its revenue for fiscal year 2024 will reach 890 million yen, with an operating profit of 270 million yen, while the revenue for fiscal year 2023 was 261 million yen, resulting in an operating loss of 468 million yen. This growth is attributed to strong performance in the hotel business and revenue contributions from Bitcoin put options, totaling approximately 520 million yen. Additionally, the company currently holds about 1,142.287 Bitcoins, with unrealized gains of approximately 7.446 billion yen as of today.
