crypto.news 2025-05-01 12:15:02

Metaplanet to launch U.S. subsidiary and raise $250M to expand Bitcoin treasury

Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich revealed that the company will establish a wholly owned subsidiary, Metaplanet Treasury Corp., in Florida, as part of its global expansion strategy. Gerovich noted that this move will accelerate the firm’s Bitcoin ( BTC ) treasury plans and expand access to U.S. capital markets. “Florida is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization,” Gerovich said, adding that the U.S. unit will strengthen Metaplanet’s operational reach and presence in key time zones. メタプラネットは、グローバル展開戦略の一環として、米国フロリダ州に100%子会社「Metaplanet Treasury… pic.twitter.com/1VYWPz9Eoe — Simon Gerovich (@gerovich) April 30, 2025 You might also like: Strategy acquires 15,355 more Bitcoin for $1.4b, holdings top 550k BTC Often compared to Strategy, Metaplanet has adopted a similarly aggressive approach to Bitcoin accumulation. Eric Trump was recently added to its strategic advisory board, a strategic move which might benefit its U.S. expansion. The company intends to increase its holdings to 10,000 Bitcoin by the end of 2025, with a long-term goal of 21,000 Bitcoin by 2026. With this, the company will own roughly 1% of all Bitcoin. Metaplanet holds 5,000 BTC as of its most recent filing on Apr. 24, which is already half of its 2025 target. A crucial performance indicator, its Bitcoin yield, has also increased significantly, reaching 13% so far this year. To support its Bitcoin treasury strategy, the company has used a variety of financing techniques, such as equity raises, stock acquisition rights, and zero-coupon bonds. Most recently, it announced the full exercise of its 14th Series Stock Acquisition Rights and a partial early redemption of its 11th Series Bonds. Already Asia’s largest corporate Bitcoin holder, the U.S. expansion is seen as a bold step in spreading its global footprint. Read more: New $3.6b Bitcoin giant Twenty One Capital takes aim at Saylor’s Strategy