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Metaplanet posts $725 million Q1 net loss as bitcoin markdowns outweigh operating gains

THE BLOCK·2h ago·3 min read
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Metaplanet posted a $725.6 million net loss driven by bitcoin mark-to-market valuation markdowns even as operating profit rose 283%.

Metaplanet posted a $725.6 million net loss driven by bitcoin mark-to-market valuation markdowns even as operating profit rose 283%.

Metaplanet posted a $725.6 million net loss driven by bitcoin mark-to-market valuation markdowns even as operating profit rose 283%.

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