Metaplanet recently published its financial results for the first quarter of the fiscal year 2025. They disclosed a total revenue of ¥877 million (approximately $6.0 million), showing an 8% increase compared to the previous quarter.

The majority of this revenue, about 88%, amounting to ¥770 million (around $5.2 million), came from the harvesting of Bitcoin (BTC) option premiums. The remaining ¥104 million (approximately $712,200) was generated from the company's hotel operations segment, indicating a notable shift in Metaplanet's financial focus.

The primary driver behind Metaplanet's 8% revenue growth in Q1 was its Bitcoin Income Generation strategy, which was introduced in the fourth quarter of 2024. This strategy led to an operating profit of ¥593 million (about $4.0 million), representing an 11% increase from the previous quarter and setting a new company record. Moreover, the total assets grew by 81% to ¥55 billion (roughly $376.6 million), with net assets increasing by 197% to ¥50.4 billion (approximately $345.1 million).

Metaplanet has enhanced its Bitcoin holdings, reaching a total of 6,976 BTC after a recent purchase of 1,241 BTC. This amount surpasses the national reserves of El Salvador. The company is on track to achieve its 2025 target of holding 10,000 BTC within just over four months, having achieved 68% of the goal.

Despite a valuation loss of ¥7.4 billion due to a decrease in BTC price at the end of March, the company has seen a rebound in BTC value. By May 12, they had accumulated unrealized gains of ¥13.5 billion. Metaplanet also reported a BTC Yield of 95.6% for the quarter, following a 309.8% yield in Q4 2024, with a target yield of 232% for 2025 and 35% for Q3 and Q4 of 2025.

Furthermore, Metaplanet's shareholder count experienced remarkable growth, increasing by 500% compared to the previous year, totaling 64,000 shareholders in Q1 2025, signifying a significant expansion of its investor base.

CEO Simon Gerovich expressed that this quarter was the most successful in the company's history. Metaplanet has positioned itself as the 11th-largest public Bitcoin holder globally and Asia's leading Bitcoin treasury company. The company's stock price has also surged, with 3350.T appreciating by 70.91% year-to-date, and its stock price has increased by more than 15 times since the company's initial BTC purchase in April 2024, as reported by BeInCrypto.