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Metaplanet Cuts 2026 Revenue Target 59%: Is the Bitcoin Playbook Running Dry?

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Metaplanet Cuts 2026 Revenue Target 59%: Is the Bitcoin Playbook Running Dry?

Metaplanet cut its 2026 revenue forecast by 59% on November 13, to ¥6.5 billion from ¥16 billion. Its operating profit forecast fell 74%, to ¥3 billion from ¥11.4 billion. The Tokyo-listed Bitcoin (BTC) treasury firm traced the cut to its own discounted stock. Metaplanet stock fell 4.37% to ¥219 that day, down 53.21% so far The post Metaplanet Cuts 2026 Revenue Target 59%: Is the Bitcoin Playbook Running Dry? appeared first on BeInCrypto.

Key Takeaways

  1. Metaplanet cut its 2026 revenue forecast by 59% on November 13, to ¥6.5 billion from ¥16 billion.
  2. Its operating profit forecast fell 74%, to ¥3 billion from ¥11.4 billion.
  3. The Tokyo-listed Bitcoin (BTC) treasury firm traced the cut to its own discounted stock.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.