CoinVoice has learned that Metaplanet expects to achieve its first consolidated operating profit in seven years after adding cryptocurrency to its balance sheet.
It indicates that it expects to achieve revenue of 890 million yen (approximately 5.8 million USD) for the fiscal year ending December 31, 2024, while the revenue for the previous fiscal year was only 261 million yen. Operating profit is expected to reach 270 million yen, an improvement from a loss of 468 million yen last year.
Metaplanet stated that this part of the revenue mainly comes from selling Bitcoin put options, which generated 520 million yen in revenue for the company. [Original link]
