Metaplanet swings to $170M loss as Bitcoin sale hits earnings
Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.
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Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.
Read the original story ↗While earnings and the company’s newly introduced financial performance measure remained below year-earlier levels, there are signs of improvement from the second quarter.
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