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 target 59% to ¥6.5bn (from ¥16bn) and its operating profit target 74% to ¥3bn (from ¥11.4bn), citing mNAV below 1x that stalled equity issuance. Proceeds from the ¥52bn convertible issued in October will go to buybacks first. Nine-month revenue was ¥5.9bn and the Q3 net loss was ¥27.2bn, so the revised target implies roughly ¥600m Q4 revenue and an operating loss. Shares closed at ¥219 on 13 November, down 53.21% year to date. Watch MSCI's removal of Metaplanet and Strategy on 30 November, and whether mNAV recovers above 1x.
For experienced traders · 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
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Who reported · 1 outlet
BeInCrypto
Who and what is in it
Companies