Share this article
Metaplanet Registers U.S. Treasury Arm to Grow Its Bitcoin Reserve Strategy
The firm plans to invest as much as $250 million in the Florida-based treasury vehicle.
Updated May 1, 2025, 2:25 p.m. Published May 1, 2025, 10:15 a.m.
What to know:
- Tokyo-based Metaplanet will establish a subsidiary in Florida, Metaplanet Treasury Corp., to enhance its bitcoin treasury strategy.
- The new entity will be capitalized with up to $250 million to support global operations and access U.S. institutional capital.
- Florida was chosen for its reputation as a hub for Bitcoin innovation and corporate adoption.
Tokyo-based Metaplanet is establishing a wholly owned subsidiary in Florida named Metaplanet Treasury Corp., doubling down on its -focused treasury strategy that has made it the largest public BTC holder in Asia.
The new entity will be capitalized with up to $250 million and serve as Metaplanet’s dedicated U.S. vehicle for treasury operations. The company said the move would support round-the-clock operations across global time zones and expand its access to institutional capital in the U.S.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Florida was selected for its growing reputation as a hub for Bitcoin innovation and corporate adoption.
“The state is rapidly emerging as a global hub where Bitcoin innovation, corporate adoption, and financial liberalization are accelerating,” Metaplanet CEO Simon Gerovich, said in an X post translated from its original Japanese.
Advertisement
Loading...
The development follows Metaplanet’s series of recent bitcoin purchases, with the latest a 145 BTC purchase last week that brought total holdings to 5,000 bitcoin.
Its approach has increasingly drawn comparisons to Strategy (MSTR), the U.S.-based business intelligence-turned-bitcoin investment firm whose aggressive accumulation of BTC has become central to its corporate identity.
More For You
More For You
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
Top Stories
