# SBI Holdings’ Crypto Revenue Falls 30% in Fiscal First Half By John Kim Canonical URL: https://www.tokenpost.com/news/business/47395 Published: 2026-11-03T06:10:44.000Z Updated: 2026-11-03T06:10:44.000Z Section: Business > Its pretax loss widened to ¥1.595 billion from ¥147 million. Group revenue rose 17.2% to about ¥1.06 trillion, a first-half record. SBI Holdings’ crypto-asset business recorded a 30.1% revenue decline in the six months through Sept. 30, even as the Japanese financial group’s first-half revenue reached a record. The crypto business generated ¥23.083 billion in revenue for the period. Its pretax loss widened to ¥1.595 billion from ¥147 million a year earlier. The decline was concentrated in July through September. Revenue for those three months was about ¥9.2 billion, nearly 60% below the same quarter a year earlier. Across the group, revenue rose 17.2% to about ¥1.06 trillion. SBI Holdings announced the results Monday, Nov. 2. The group launched JPYSC, a yen stablecoin, in June, within the reporting period. Bitbank became a wholly owned SBI Holdings subsidiary on Oct. 1, after the period ended; SBI [completed its Bitbank acquisition]() that day. ## Links in this article - [completed its Bitbank acquisition](https://www.tokenpost.com/news/business/26433)