Deep Tide TechFlow News, on December 18, according to Cointelegraph, in the fiscal year ending December 31, 2024, the Japanese listed company Metaplanet expects to achieve a revenue of 890 million yen (approximately 5.8 million USD), compared to 261 million yen in the previous fiscal year. The company anticipates its operating profit to reach 270 million yen, up from a loss of 468 million yen last year.

Metaplanet stated that most of this revenue comes from the sale of bearish Bitcoin options, which brought in 520 million yen. The company said in a statement: "Along with strong performance in the hotel business, the company is expected to record consolidated operating profit for the first time since the 2017 fiscal year."