Japanese investment firm Metaplanet Inc. is expanding its Bitcoin-focused strategy with the launch of a U.S. subsidiary in Florida, aiming to raise up to $250 million in capital. The move strengthens the company’s position in the global Bitcoin economy and provides greater access to U.S. institutional investors.
The new entity, Metaplanet Treasury Corp., will serve as a strategic base for Bitcoin acquisitions and enable 24/7 treasury operations across global time zones. The expansion follows Metaplanet’s recent milestone of surpassing 5,000 BTC in holdings, placing it among the largest corporate Bitcoin holders worldwide.
In a statement on social media, CEO Simon Gerovich said Florida was chosen due to its rapid emergence as a global crypto hub and a center of financial freedom.
“The reason for choosing Florida is clear: the state is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization,” he said.
Metaplanet Sets Ambitious Bitcoin Growth Target
Though official Florida filings have yet to appear, Metaplanet’s expansion signals a bold bid to mirror MicroStrategy’s Bitcoin playbook. The Tokyo-listed firm has openly positioned itself as “Asia’s answer” to the Bitcoin accumulation model pioneered by Michael Saylor.
Following the recent appointment of Eric Trump to its strategic advisory board, Metaplanet is accelerating its roadmap. The firm has outlined plans to increase its Bitcoin reserves by 470%, targeting 10,000 BTC by year’s end.
The Florida subsidiary plays a key role in this strategy, offering direct access to U.S. capital markets and liquidity. As institutional demand for Bitcoin grows, Metaplanet’s aggressive moves signal its intent to become a dominant player among publicly traded crypto firms.
$745M Fund Fuels Metaplanet’s Bitcoin Buying Spree
Metaplanet’s ascent as a corporate Bitcoin powerhouse has been rapid. Since initiating its strategy in April 2024 with fewer than 100 BTC, the company has scaled significantly—adding over 1,650 BTC in the past month alone, worth approximately $156 million.
This accumulation is backed by what Metaplanet calls the largest Bitcoin-focused capital raise in Asia: a $745 million fund structured through zero-discount moving strike warrants. These flexible financial instruments enable capital access without immediate dilution, similar to dynamic equity options.
To measure performance, Metaplanet uses a proprietary metric called “BTC Yield”, which compares Bitcoin holdings to outstanding shares. This yield rose from 42% in Q4 2023 to 310% in Q1 2025, reflecting the firm’s rapid accumulation of Bitcoin relative to share issuance.
According to Bitcoin Treasuries data, Metaplanet currently holds 5,000+ BTC, worth around $473 million, making it the 11th-largest corporate Bitcoin holder globally. With plans to double that figure by the end of 2025 and reach 21,000 BTC by 2026, the company is staking its claim as a long-term institutional force in the digital asset space.
Quick Facts
- Metaplanet Inc. is launching Metaplanet Treasury Corp. in Florida to scale its Bitcoin investment strategy.
- The firm plans to raise $250 million through the new U.S. entity to support Bitcoin acquisitions.
- Metaplanet holds over 5,000 BTC, valued at $473 million, ranking it 11th globally among corporate holders.
- The company aims to accumulate 21,000 BTC by 2026, inspired by MicroStrategy’s model.
