Metaplanet Stock Crashes as Bitcoin Treasury Posts $679M BTC Valuation Loss

The Metaplanet stock has dropped sharply after trading sideways in recent weeks. The new drop came as the bitcoin treasury firm posted its financial reports which reported a significant loss in value.

Bitcoin Treasury Loss Triggers Metaplanet Stock Slide

According to Yahoo Finance data, the firm’s stock, 3350.T, has recorded at least a 7% loss as investors react to the latest financial report.

The loss comes as the Bitcoin treasury shared its financial review of 2025. The firm recorded a $679 impairment loss due to BTC’s volatility in December 2025. Investors are now evaluating their stakes in the Metaplanet stock, as evidenced by the downturn.

*Notice Regarding Revision of Full-Year Earnings Forecast for Fiscal Year Ending December 2025, Recording of Bitcoin Impairment Loss, and Announcement of Full-Year Earnings Forecast for Fiscal Year Ending December 2026* pic.twitter.com/VIKYRYb981

— Metaplanet Inc. (@Metaplanet) January 26, 2026

The firm, however, confirmed that the loss is non-cash and it would not directly affect its Bitcoin holdings or other operations. This especially comes after the shares saw rapid gains after the Metaplanet confirmed it would buy back shares worth 75 million JPY. At that time, the 3350.T stock price rose by over 15%.

However, the momentum seems to be wavering as the Metaplanet stock continues its downward decline. This loss can also be attributed to the fact that they haven’t made any Bitcoin purchase yet this year. The shareholders had approved more BTC purchases last year, but nothing has been reported so far.

 BTC Firm Reworks Strategy in Bid for Recovery

The Japanese company has been making significant changes to its strategy for managing its treasury operations. Notably, its last reported purchase of Bitcoin was late in December 2025. Meanwhile, earlier in 2025, the firm bought the token almost every week.

Notably, the firm announced a new partnership with Norges Bank, the World’s Largest investment fund. This was in a bid to support its Metaplanet stock allocation and capital strategy. This boosts the firm’s vision of purchasing 100,000 BTC.

Also, for the fiscal year 2025, the Bitcoin treasury raised its revenue forecast to 8.9 billion yen. It also lifted its operating profit projection to 6.3 billion yen. Meanwhile, Metaplanet had shared that they exceeded expectations in terms of earnings due to the consistent expansion of its funding.

In a bid to expand, the firm announced new subsidiaries in the United States and Japan last September. The new company was established in the U.S., “Metaplanet Income Corp,” to boost its Bitcoin income generation business. They also acquired Bitcoin.jp at the time to build on its foundation in Japan.