Tokyo-based Metaplanet disclosed a ¥102.2 billion ($665 million) impairment loss tied to its Bitcoin holdings, according to its fiscal year 2025 financial report released on Monday. The valuation drop comes as Bitcoin's price hovered near $68,000, representing a 46% decline from late-2025 highs. Metaplanet, which adopted its Bitcoin accumulation strategy in April 2024, currently holds roughly 35,102 BTC acquired at an average purchase price of approximately ¥12.5 million. Despite the dip, the company delivered strong operational results. Revenue from its hotel and consulting divisions surged 738% year-over-year to ... (full story)