Metaplanet expands Bitcoin strategy with new US, Japan units
Japan’s Metaplanet is accelerating its pivot to Bitcoin with two new subsidiaries one in the United States and one in Japan designed to separate core treasury assets from yield-oriented operations.
In its disclosures and contemporaneous reporting, the company said the Miami-based Metaplanet Income Corp. will scale income generation and derivatives, while Tokyo-based Bitcoin Japan Inc. will consolidate media and community initiatives. This move underscores how Metaplanet expands Bitcoin strategy while tightening governance around distinct business lines.
U.S. arm: Income generation and derivatives
Metaplanet approved the creation of Metaplanet Income Corp. in Miami to focus on Bitcoin income strategies and related derivatives trading. Company communications indicate an initial capital of $15 million and reiterate that separating income operations from BTC treasury improves transparency and risk management. Early reports also list CEO Simon Gerovich alongside Dylan LeClair and Darren Winia among those overseeing the unit. CRYPTO TIMES+1
Why Metaplanet expands Bitcoin strategy now
Management has repeatedly emphasized building out a standalone “income” engine (options/derivatives, structured yield) distinct from buy-and-hold treasury. Establishing the U.S. vehicle under the group’s American holding structure aligns with earlier IR steps to strengthen overseas execution and funding channels.
Japan arm: Media and ecosystem build-out
A board resolution established Bitcoin Japan Inc. at Roppongi Hills Mori Tower (16F) to operate Bitcoin media, events and platforms, including Bitcoin.jp, Bitcoin Magazine Japan, and the Bitcoin Japan Conference. Directors named are Simon Gerovich and Yoshihisa Ikurumi. The company states the subsidiary’s creation is expected to have only a minimal impact on FY2025 consolidated results.
Governance benefits as Metaplanet expands Bitcoin strategy
Formally splitting revenue-generating activities (U.S.) from domestic media/community operations (Japan) helps clarify segment reporting and internal controls while preserving the balance-sheet BTC strategy at the parent level. The company has previously used IR notices to detail its U.S. organizational build-out and capital contributions.
Treasury position and funding backdrop
Recent disclosures and market reporting indicate Metaplanet holds ~20,136 BTC, ranking among the largest public corporate bitcoin treasuries. The company also announced an international share offering in September aimed at expanding BTC holdings. Ranking methodologies vary across trackers, but the BTC total around 20k has been consistently cited in market coverage.
Context & Analysis
Regulatory context (UK)
The UK Financial Conduct Authority (FCA) published CP25/25, consulting on how existing FCA Handbook standards potentially including Consumer Duty should apply to future regulated cryptoasset firms, with feedback deadlines later this year. While unrelated to Metaplanet’s structure, such rule-setting influences how BTC income products are marketed and supervised across jurisdictions.
Conclusion
Metaplanet is expanding its structure with two new entities: Metaplanet Income Corp. in Miami and Bitcoin Japan Inc. in Tokyo. The parent company will focus on treasury functions, while the U.S. arm handles yield operations, and the Japan unit drives media and community initiatives.
This setup strengthens specialization across regions, creating a clear division of responsibilities. It could also simplify reporting, improve risk controls, and provide a stronger foundation for future fundraising. By scaling its BTC exposure and expanding ecosystem activities, Metaplanet is positioning itself for sustainable growth and deeper integration in both U.S. and Japanese markets.
FAQs
Q : What is Metaplanet Income Corp.?
A : A new Miami-based subsidiary to run Bitcoin income and derivatives strategies separate from the core BTC treasury.
Q : What does Bitcoin Japan Inc. do?
A : It manages Bitcoin-focused media/events in Japan, including Bitcoin.jp and Bitcoin Magazine Japan.
Q : Where are the new entities based?
A : Miami, Florida (U.S.) and Roppongi Hills, Tokyo (Japan).
Q : How many bitcoins does Metaplanet hold?
A : Around 20,136 BTC per recent market reporting in September 2025.
Q : Why did Metaplanet separate income operations from its treasury?
A : To improve governance, transparency, and risk management across distinct business lines.
Q : Does the UK FCA consultation affect Metaplanet?
A : Indirectly; it shapes how crypto income products may be supervised in the UK.
Q : Does this mean Metaplanet expands Bitcoin strategy further?
A : Yes the structure supports scaling income generation and media/community initiatives while preserving the core treasury approach.