PANews reported on December 18 that Metaplanet Inc. announced that Metaplanet expects to achieve its first annual operating profit since 2017 in fiscal 2024. The company expects revenue to reach 890 million yen and operating profit to reach 270 million yen in fiscal 2024, while revenue in fiscal 2023 will be 261 million yen and operating loss will be 468 million yen. The growth is due to the strong performance of the hotel business and the contribution of revenue from Bitcoin put options, totaling approximately 520 million yen. At the same time, the company currently holds approximately 1,142,287 bitcoins, and as of today, unrealized gains of approximately 7.446 billion yen.
Metaplanet expects to achieve first annual operating profit since 2017 in fiscal 2024
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