Bitcoin Custodian DAT Reports Q3 Revenue of ¥2.401B, Up 94% QoQ, Net Profit ¥1.27B
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG News reports that DAT, a Japanese Bitcoin custodian, disclosed its third-quarter results. The company posted ¥2.401 billion in sales revenue, a 94% QoQ rise, underscoring a robust start to the fiscal period.
Contributing to the top line, operating profit reached ¥1.339 billion, up 64% QoQ, while net profit stood at ¥1.27 billion. Net assets climbed to ¥532.9 billion, reflecting a 165% QoQ expansion, signaling balance-sheet strengthening.
Analysts note that the results highlight sustained demand for regulated cryptocurrency custody in Japan, with enhanced risk controls and asset security underpinning client trust. DAT’s productivity and asset base may support ongoing capital efficiency and future regulatory-compliant growth within the domestic market.