Tokyo-based Bitcoin treasury management firm Metaplanet (MTPLF) has announced the creation of a new subsidiary in the United States, Metaplanet Income Corp., headquartered in Miami.
The move is designed to enhance the company’s revenue generation strategy through Bitcoin derivatives and related financial products, marking a significant step in its global expansion.
Building a Separate Growth Engine
According to the company, the new U.S. entity will operate independently of Metaplanet’s existing Bitcoin treasury, allowing the firm to pursue higher-risk financial activities without directly affecting its core holdings.
The subsidiary will be launched with an initial $15 million investment, a strategic allocation aimed at managing exposure while opening new income channels.
Metaplanet began its Bitcoin-focused operations in late 2024 and has since grown into one of the most prominent corporate holders of the asset. Its decision to establish a presence in the United States underscores the company’s ambition to play a greater role in the Bitcoin-driven financial ecosystem.
Expanding Capital and Bitcoin Holdings
The launch comes on the heels of Metaplanet’s $5 billion investment program unveiled earlier this year to support its U.S. ventures. To fuel its expansion, the company raised $1.4 billion in an international offering, surpassing its initial $880 million target.
These funds have accelerated their Bitcoin acquisition strategy, with the company now holding 20,136 BTC, valued at more than $2.3 billion at current market prices. This positions Metaplanet alongside leading Bitcoin treasury holders such as MicroStrategy, helmed by Michael Saylor, which has long been a pioneer in corporate Bitcoin adoption.
Strategic Leadership and U.S. Presence
Metaplanet confirmed that CEO Simon Gerovich will oversee the U.S. subsidiary, supported by directors Dylan LeClair and Darren Winia, both recognized for their expertise in Bitcoin markets and corporate strategy.
The firm’s entry into the U.S. is seen as a calculated move to diversify its revenue streams while leveraging the country’s rapidly evolving Bitcoin derivatives and structured products market. Miami, chosen as its base, has emerged as a leading hub for cryptocurrency businesses, further aligning with Metaplanet’s long-term growth vision.
Positioning in a Competitive Market
Metaplanet emphasized that the subsidiary’s financial activities will not compromise its core treasury strategy, which continues to prioritize long-term Bitcoin accumulation. The company also reaffirmed its commitment to Tokyo Stock Exchange disclosure requirements, promising continued transparency in its global operations.
Industry observers note that Metaplanet’s expansion mirrors a broader trend of corporations leveraging Bitcoin not just as a reserve asset but as a foundation for building new financial products. As Bitcoin adoption accelerates worldwide, Metaplanet’s strategy could place it among the most influential corporate players in the cryptocurrency sector.
