🇯🇵 Metaplanet Just Made $20M... And Lost $1.2B At The Same Time Metaplanet just closed H1 2026 with a healthy $20M operating profit. Same report, same six months: a $1.2B net loss. Both numbers are real. Neither one is lying. Here's the twist - the business itself is doing great. The loss comes from something else entirely: an accounting rule that punishes you on paper the moment $BTC price dips, even if you never sold a single coin. 😅 📈 Revenue: ¥4.944B (~$33M), up 133.7% H/H 💰 Operating profit: ¥3.331B (~$20.3M), up 136.3% YoY 📉 Net result: ¥182.774B loss (~$1.2B) vs a ¥6.059B profit a year ago 🔻 Unrealized BTC valuation loss: ¥184.297B The whole flip comes down to one line item: $BTC price in yen sliding through June 30. Metaplanet didn't sell anything and didn't run the company worse - the treasury just got marked down on paper because that's how unrealized losses work under current accounting rules. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#