MetaPlanet records a quarterly bitcoin market value fluctuation loss of approximately 679 million USD
ChainCatcher News, MetaPlanet has announced an upward revision of its fiscal year 2025 performance forecast, with revenue increasing from 6.8 billion yen to 8.905 billion yen, and operating profit rising to 6.287 billion yen. However, due to a 104.636 billion yen (approximately 679 million USD) impairment loss resulting from quarterly bitcoin market value fluctuations, the company reported an ordinary loss of 98.558 billion yen.
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The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
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