Metaplanet discloses Q1 2026 performance: revenue of 3.08 billion yen, up 251.1% year-over-year; operating profit of 2.27B yen, up 282.5% year-over-year; recurring loss of 114.93B yen, mainly due to impairment caused by the decline in Bitcoin prices. At the end of the period, holding 40,177 BTC, a 2.8% increase in holdings compared to the end of 2025 on a diluted basis. The market value of BTC is approximately 514 billion yen, accounting for about 87% of the BTC holdings of listed Japanese companies. The FY2026 guidance remains unchanged: revenue of 16 billion yen, up 79.7% year-over-year; operating profit of 11.4 billion yen, up 81.3% year-over-year.

According to CoinShares' weekly fund flow report, global crypto investment products recorded a net inflow of $857 million in the week ending May 10, 2026, marking the sixth consecutive week of positive fund flows and the largest single-week inflow since April 24. This sustained increase has brought the total assets under management (AuM) of crypto funds back to $160 billion. From a longer-term perspective, the cumulative net inflow of crypto funds over the past six weeks has reached $4.9 billion, with 10 out of the past 11 weeks experiencing net fund inflows. This indicates that current institutional capital allocation behavior is not a short-term pulse but a continuation of a systematic accumulation trend lasting over two months. In comparison, this round of accumulation has already matched the strength of the $1.2 billion weekly inflow seen in early April during the previous cycle, indicating