Metaplanet Holdings Inc. has expanded its operations in the U.S. by formalizing the Miami subsidiary. According to the company’s latest notice, Metaplanet Income Corp will be based in Miami, Florida, with an initial capital of $15 million.
The new subsidiary will focus on Bitcoin income generation strategies, such as investing in BTC-related derivatives. The Japanese treasury firm began its Bitcoin treasury strategy in late 2024, generating revenue and income and emerging as a key growth driver.
The latest expansion will strengthen its position by expanding to Bitcoin derivatives and income products, while operating parallel to the Bitcoin accumulation business.
Miami subsidiary to balance risk management for Metaplanet
According to the latest notice, the goal of the launch of the U.S. subsidiary is to balance risk management for the Japanese firm’s core business by operating separately from the crypto treasury holdings business.
Simon Gerovich, Metaplanet CEO, will lead the Florida team alongside Dylan LeClair and Darren Winia as directors. In a statement, he described the business as the company’s growth engine and highlighted the profitable nature of diversifying Bitcoin…
