Overview
- Metaplanet formed Metaplanet Income Corp. in Miami with $15 million to run derivatives and other income activities separate from its Bitcoin holdings, led by CEO Simon Gerovich with directors Dylan LeClair and Darren Winia.
- In Japan, the company created Bitcoin Japan Inc./Co. and acquired the Bitcoin.jp domain to consolidate Bitcoin Magazine Japan, the planned 2027 Bitcoin Japan Conference, and related services.
- The firm said it closed an upsized international share offering of roughly ¥212–213 billion ($1.4–$1.45 billion) with participation from major global institutions, including sovereign wealth funds.
- Management plans to use most of the proceeds for Bitcoin purchases in September and October 2025 and to allocate a portion to expand the income-generation business.
- Metaplanet reports 20,136 BTC on its balance sheet and targets 30,000 BTC by year-end 2025, while its shares traded lower on the news after recent volatility tied to dilution concerns.