#SBIFirstHalfCryptoRevenueFalls30.1%
🇯🇵 SBI's Crypto Revenue Falls 30.1% as Group Hits a Record
📅 SBI Holdings reported April–September 2026 results on Nov 2
📉 Crypto-asset segment revenue: ¥23.08B, down from ¥33.02B a year earlier
⚠️ Segment pretax loss widened to ¥1.595B from ¥147M
📊 July–September revenue was about ¥9.2B, nearly 60% below the same quarter last year
📈 Group revenue rose 17.2% to about ¥1.06T, a first-half record, with pretax profit up 52.9%
🏦 Crypto is about 2% of group revenue; bitbank became wholly owned on Oct 1
What it means for crypto: even a big Japanese financial group is feeling weaker trading activity, while it keeps building infrastructure like stablecoins and exchange ownership. One half-year doesn't set the trend.
Is weak trading volume a pause or a bigger shift? 👇
$BTC $ETH
#CryptoNews #SBI #Japan #SBIFirstHalfCryptoRevenueFalls30.1%
🇯🇵 SBI's Crypto Revenue Falls 30.1% as Group Hits a Record
📅 SBI Holdings reported April–September 2026 results on Nov 2
📉 Crypto-asset segment revenue: ¥23.08B, down from ¥33.02B a year earlier
⚠️ Segment pretax loss widened to ¥1.595B from ¥147M
📊 July–September revenue was about ¥9.2B, nearly 60% below the same quarter last year
📈 Group revenue rose 17.2% to about ¥1.06T, a first-half record, with pretax profit up 52.9%
🏦 Crypto is about 2% of group revenue; bitbank became wholly owned on Oct 1
What it means for crypto: even a big Japanese financial group is feeling weaker trading activity, while it keeps building infrastructure like stablecoins and exchange ownership. One half-year doesn't set the trend.
Is weak trading volume a pause or a bigger shift? 👇
$BTC $ETH
#CryptoNews #SBI #Japan #SBIFirstHalfCryptoRevenueFalls30.1%
