Metaplanet Q1 profit jumps, but Bitcoin losses hit bottom line

Cointelegraph.com NewsMetaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns. 

​Metaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns.