Metaplanet Q1 profit jumps, but Bitcoin losses hit bottom line

Metaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns....
Coins in this story
Explore how ETF is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories

Bitcoin price repeating move with 77% all-time high odds within year: Analyst
Bitcoin reduces its drop from all-time highs to 35% in a move that sparked new BTC price all-time highs "within a year" on seven occasions in the past....

Jane Street slashes Bitcoin ETF holdings, adds Ether funds in Q1 2026
Jane Street slashed Bitcoin ETF holdings by 60-71% in Q1 2026, cutting positions in IBIT and FBTC worth $340 million combined, while pivoting to add $82 million in Ether ETF exposure. The market maker also trimmed its Strategy stake by 78% but increased positions in Coinbase, Riot Platforms, and Galaxy Digital, signaling selective crypto positioning amid institutional Ether fund buying momentum.
