Metaplanet has established a new US subsidiary in Miami, Florida called Metaplanet Treasury Corp.
The company raised 3.6 billion JPY ($23 million) through bond issuance to purchase more Bitcoin
Metaplanet recently reached 5,000 Bitcoin and aims to accumulate 10,000 BTC by the end of 2025
The new US entity will operate with $250 million in capital focused solely on Bitcoin accumulation
Florida was chosen for its bitcoin-friendly business environment and status as a hub for crypto innovation
Metaplanet, the Japanese bitcoin treasury firm, is rapidly expanding its operations and Bitcoin holdings through strategic moves in both Japan and the United States. The company has established a new US-based subsidiary in Miami and raised additional capital through bond issuance as part of its aggressive Bitcoin acquisition strategy.
The Tokyo-based company announced on Thursday that it has created a wholly-owned subsidiary called Metaplanet Treasury Corp. in Miami, Florida. This new entity will focus exclusively on Bitcoin accumulation and related treasury operations with access to up to $250 million in capital.
According to the company notice, the Florida location was specifically chosen for several key advantages. CEO Simon Gerovich explained the decision in a post on X: “The reason for choosing Florida is clear: the state is rapidly emerging as a global hub for Bitcoin innovation.”
The strategic location gives Metaplanet access to deeper institutional capital pools in the US market. It also allows the company to increase transaction execution speed and take advantage of Florida’s bitcoin-friendly business environment, which ranks among the most crypto-supportive jurisdictions in the US alongside Wyoming and Texas.
Leadership and Funding Strategy
The new US subsidiary will be led by two directors: parent company CEO Simon Gerovich and Dylan LeClair. LeClair, a Bitcoin analyst, joined Metaplanet last year to help implement its Bitcoin treasury strategy.
Gerovich noted that the expansion “will strengthen our around-the-clock operational capabilities across time zones, further strengthen our strategic position in the U.S. market, and mark an important step in Metaplanet’s evolution as a global Bitcoin treasury company.”
In parallel with its US expansion, Metaplanet has raised additional capital in Japan. The company disclosed that it issued 3.6 billion JPY (approximately $23 million) in ordinary bonds to fund further Bitcoin purchases.
This represents Metaplanet’s 12th issuance of ordinary bonds. The new bonds will not bear interest and will be redeemable at face value at the end of October 2025.
The company explicitly stated that “the proceeds raised through this issuance will be allocated to the purchase of Bitcoin, in accordance with the stated use of funds.” At current market prices, the $23 million raised could purchase approximately 250 Bitcoin.
Bitcoin Accumulation Goals
Metaplanet recently reached a milestone of 5,000 Bitcoin after purchasing 145 BTC in late April. The company has set an ambitious target of accumulating 10,000 Bitcoin by the end of 2025, and its recent fundraising efforts support this goal.
The new US subsidiary, launched with $250 million in operating capital, has the potential to acquire up to 2,777 BTC at current prices. This would represent a major step toward the company’s 10,000 BTC target.
Metaplanet has been following a strategy similar to MicroStrategy, another company known for its Bitcoin treasury approach. Both companies have seen substantial paper gains from their Bitcoin holdings in 2025, with Metaplanet reportedly gaining $200 million from its Q1 Bitcoin accumulation alone.
The company has also strengthened its advisory team by appointing David Bailey to its Strategic Board of Advisors, joining Eric Trump. These moves suggest Metaplanet is positioning itself for even larger Bitcoin purchases in the future.
Bitcoin’s price has been rising in recent days, approaching the $100,000 mark. The cryptocurrency reached $97,000, climbing more than 4% over the past week, while Bitcoin futures open interest also showed bullish trends with an 8% increase to $67.70 billion.
Metaplanet’s pivot to a Bitcoin treasury strategy occurred last year when the company shifted away from its previous focus on hotel development. The latest moves indicate the company is fully committed to its new direction as a global Bitcoin treasury company.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.