Metaplanet cuts 2026 revenue target by 59% as its shares trade below Bitcoin value
MARKETSMetaplanetcoinbrief/daily · 1 source
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What happened
Metaplanet cut its 2026 revenue forecast to ¥6.5 billion from ¥16 billion and its operating profit forecast by 74%, to ¥3 billion. The firm blamed an mNAV below 1x, which made new share sales dilutive, so buybacks now take priority over new Bitcoin purchases. MSCI will remove Metaplanet and Strategy from its indexes on November 30, which could force funds tracking those benchmarks to sell.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch the MSCI index removal of Metaplanet and Strategy on November 30.
- Watch whether Metaplanet's mNAV recovers above 1x, which would reopen equity funding.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
BeInCrypto
Who and what is in it
Companies