Metaplanet KK (JP:3350) has released an update.
Metaplanet Inc. has reported a substantial non-operating expense of 59,369 thousand yen due to a bitcoin valuation loss in its recent interim financial report. The loss, recorded for the half-year ending September 30, 2024, reflects the volatility of bitcoin since the company started purchasing it in April 2024. This figure has been incorporated into their latest consolidated financial statements under Japanese GAAP.
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