#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Metaplanet announced its Q1 2025 financial report, with net sales rising 943.9% year-on-year.
On May 29, according to FinanceFeeds, Metaplanet, a company listed on the Tokyo Stock Exchange, announced its financial results for the first quarter of fiscal year 2025 on May 14. Despite a quarterly net loss of 5.046 billion yen due to fluctuating Bitcoin valuations, the company's net sales surged 943.9% year-on-year to 877 million yen, with an operating profit of 592 million yen and unrealized gains of about 13.5 billion yen. The company recently increased its holdings of 1,241 BTC, bringing its total holdings to 6,796, surpassing the Salvadoran government. Metaplanet has formulated a "21 million plan" to hold 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. In addition, the company has established a subsidiary in Miami, USA, with a capital of US$250 million, and raised about 76.6 billion yen through warrant financing for bitcoin acquisition, indicating that it is transforming from a local Japanese company to a global bitcoin financial strategic player.