The company will focus primarily on Bitcoin income strategies and derivatives trading
Metaplanet, the Tokyo-based company that pivoted from hospitality and real estate to become a major Bitcoin treasury holder, has expanded its crypto operations with the creation of two new subsidiaries—one in the US and one in Japan.
*Notice of Expansion of Bitcoin Income Generation Business through Establishment of New US Subsidiary, “Metaplanet Income Corp.”* pic.twitter.com/fpzXZ3g25T
— Metaplanet Inc. (@Metaplanet_JP) September 17, 2025
The firm announced on X that it has set up Metaplanet Income Corp., a wholly owned US subsidiary headquartered in Miami. With an initial capital injection of $15 million, the unit will focus on Bitcoin income strategies and derivatives trading. This structure separates the company’s core Bitcoin reserves from its revenue-generating activities, a move designed to diversify income streams while maintaining its long-term BTC holdings.
The new subsidiary will be led by Metaplanet CEO Simon Gerovich alongside Dylan LeClair and Darren Winia. Company officials noted the development will have limited impact on consolidated financial results for the fiscal year ending December 31.
In parallel, Metaplanet introduced Bitcoin Japan Inc., based in Tokyo’s Roppongi Hills, to bolster its domestic presence in the digital asset ecosystem. The new entity will oversee Bitcoin-focused media and events, including management of Bitcoin.jp, which Metaplanet recently acquired. It will also run Bitcoin Magazine Japan and the Bitcoin Japan Conference, strengthening the company’s role in industry education and community building. Directors Gerovich and Yoshihisa Ikurumi will head the initiative.
These announcements follow Metaplanet’s decision in late 2024 to launch a Bitcoin income business and come shortly after it disclosed plans to raise 204.1 billion yen ($1.4 billion) through an international share sale to expand its BTC reserves.
With over 20,136 BTC on its books, Metaplanet is now the sixth-largest Bitcoin treasury holder globally, behind companies such as MicroStrategy, which controls more than 638,000 BTC. The dual expansion underscores Metaplanet’s intent to cement its standing in both Western and Asian crypto markets while continuing to grow its already substantial Bitcoin balance sheet.
