Benchmark slashes Metaplanet target as BTC slump drives losses
Benchmark cut Metaplanet’s target after BTC-driven losses despite stronger BTC income. Summary Benchmark trimmed its Metaplanet target from ¥2,400 to ¥1,100 while reiterating a buy view. Metaplanet booked a sizeable net loss on late‑2025 BTC price declines despite higher BTC income revenues. Shares trade near post‑April 2024 BTC‑treasury lows as large holders sit on deep…


