Coinatory

Metaplanet Launches U.S. Subsidiary with $250M for Bitcoin Expansion Japanese investment firm Metaplanet Inc. has announced the creation of a wholly owned U.S. subsidiary, Metaplanet Treasury Corp., headquartered in Miami, Florida. This strategic move aims to raise up to $250 million to support its expanding Bitcoin accumulation strategy and engage U.S. institutional investors. The decision to establish operations in Florida underscores the state's rising prominence as a hub for digital assets and financial in... cryptocurrency news today

Metaplanet Surpasses $400M in Bitcoin Holdings On April 21, Metaplanet announced the acquisition of 330 Bitcoin (BTC) at an average price of $85,605 per coin. This latest investment brings the firm's total Bitcoin reserves to 4,855 BTC, valued at approximately $414 million based on current market prices, according to CEO Simon Gerovich. This development establishes Metaplanet as Asia's largest corporate Bitcoin holder and the 10th-largest globally, as per data compiled by Bitbo. The compa... Coinatory news

Metaplanet Targets 10,000 BTC by 2025 in Strategic Expansion By the end of 2025, Metaplanet, a prominent Japanese cryptocurrency company and the world's fifteenth-largest corporate Bitcoin holder, plans to grow its Bitcoin treasury to 10,000 BTC. In a New Year's statement to shareholders, Simon Gerovich, the company's CEO, disclosed the goal, marking a critical turning point in Metaplanet's strategic plan. “Last year was transformational, as we broke records, expanded our Bitcoin treasury, and reinforc... cryptonews

Japan’s Metaplanet Rewards Shareholders with Bitcoin Tokyo-listed Metaplanet has launched an innovative shareholder rewards program, leveraging Bitcoin to enhance shareholder value and promote cryptocurrency adoption. Through a collaboration with SBI VC Trade, a subsidiary of SBI Holdings, the company plans to distribute Bitcoin rewards via a lottery system. Details of the Bitcoin Rewards Program To qualify, shareholders must own at least 100 shares by December 31, 2024. Additionally, new ac... Japan’s Metaplanet Rewards Shareholders with Bitcoin