Japan’s Metaplanet is doubling down on Bitcoin by launching two new subsidiaries — one in Miami and one in Tokyo — to boost Bitcoin income generation and strengthen its domestic crypto media presence.
Metaplanet Income Corp. Opens in Miami
Metaplanet, once a hospitality and real estate group but now a Bitcoin-focused treasury company, announced the creation of Metaplanet Income Corp., a wholly owned US subsidiary based in Miami.
The new entity launches with $15 million in initial capital and will focus on Bitcoin income generation and derivatives trading, separating revenue operations from Metaplanet’s core BTC holdings. The move aims to create a more structured approach to managing its Bitcoin strategy.
Metaplanet CEO Simon Gerovich, along with Dylan LeClair and Darren Winia, will oversee the Miami-based operations. According to the company, the new subsidiary will have minimal impact on its consolidated financial results for the fiscal year ending December 31.
Bitcoin Japan Inc. Strengthens Domestic Crypto Media
Back in Tokyo, Metaplanet unveiled Bitcoin Japan Inc., a subsidiary headquartered in Roppongi Hills. The new unit will lead the company’s domestic Bitcoin initiatives, including media, events, and the recently acquired domain Bitcoin.jp.
The Tokyo subsidiary will also manage Bitcoin Magazine Japan and organize the Bitcoin Japan Conference, expanding Metaplanet’s influence in Japan’s crypto media landscape and strengthening community engagement. Directors Simon Gerovich and Yoshihisa Ikurumi will head the new division.
Part of Metaplanet’s Bigger Bitcoin Plan
These expansions are part of Metaplanet’s growing Bitcoin income business, which launched in Q4 2024. The announcement follows news of the company’s plan to raise 204.1 billion yen (about $1.4 billion) through an international share offering to further grow its BTC holdings.
Sixth-Largest Bitcoin Treasury Holder
Metaplanet now holds over 20,136 BTC, ranking it as the sixth-largest public Bitcoin holder globally, according to BitcoinTreasuries.NET. The company sits behind major US-based players like MicroStrategy (638,985 BTC worth $74B), Mara Holdings (52,477 BTC worth $6.1B), and XXI (43,514 BTC worth $5.07B).
With its aggressive expansion and media outreach, Metaplanet is positioning itself as a leading force in Bitcoin adoption and crypto market education — both in Japan and internationally.
