Metaplanet revenue jumps 738% as Bitcoin generates 95% of revenue
Metaplanet reported about $40 million in operating profit but still recorded a $619 million net loss amid the Bitcoin price drop.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Metaplanet reported about $40 million in operating profit but still recorded a $619 million net loss amid the Bitcoin price drop.
Why this matters
Bitcoin is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped c...
Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout
Bitcoin’s rally toward $86,000 has pushed US spot exchange-traded fund (ETF) investors back into profit after months underwater. D...
BitMine ETH Treasury Nears 6 Million Tokens As Total Holdings Reach $17.1B
TL;DR BitMine reported 5,983,940 ETH in its treasury, just short of 6 million tokens. The company valued its combined treasury hol...
One wallet links $1.55 million FetchAI theft to massive 408.5 million NTX mint
A coordinated attack drained 8.7 million FET and used a compromised NuNet minter key to create 408.5 million NTX. The Sept. 19 att...
Russian Crypto Industry Could Be Operating Legally by Year-End: Central Bank
Bitcoin Magazine Russian Crypto Industry Could Be Operating Legally by Year-End: Central Bank Russia’s crypto industry may have al...
Will proposed faster block times really fix Ethereum’s biggest market losses?
Ethereum developers are weighing Ethereum Quick Slots for Hegotá, a proposed faster block rhythm that would reduce waiting without...