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The latest announcement is out from Metaplanet KK ( (JP:3350) ).
Metaplanet Inc. announced substantial financial outcomes for FY2024, driven by gains in their Bitcoin-related ventures and hotel operations, leading to a significant increase in net revenue and operating profit. The company recorded extraordinary gains from debt forgiveness and notable non-operating income from Bitcoin valuation. Moving forward, Metaplanet anticipates considerable growth in FY2025, primarily from its Bitcoin income business, projecting a 220.2% increase in revenue and a 614.3% rise in operating profit, reflecting a strategic focus on expanding their digital asset portfolio.
More about Metaplanet KK
YTD Price Performance: 57.18%
Average Trading Volume: 4,506,758
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen198.4B
For a thorough assessment of 3350 stock, go to TipRanks’ Stock Analysis page.
