Metaplanet Plans $250M Fundraise with New Florida-Based US Subsidiary

Highlights:

• Metaplanet plans to launch a new subsidiary in Florida.
• The company hopes to raise $250 million from the new branch to expand its Bitcoin portfolio.
• Gerovich revealed that Metaplanet will also use the funds to expand investors’ liquidity access.

Metaplanet plans to expand with a new Florida branch. According to Simon Gerovich’s X post, Metaplanet’s new subsidiary is expected to raise about $250 million in capital to fund the company’s continuous Bitcoin (BTC) accumulations.

Beyond its Bitcoin holdings, Gerovich noted that the company will also use the funds to expand liquidity access for investors. In the X post, the CEO explained why Metaplanet chose Florida for the new branch establishment.

The CEO stated:

“The state is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization. This new subsidiary will strengthen our around-the-clock operational capabilities across time zones.”

In addition, Gerovic noted that the new branch will strengthen Metaplanet’s strategic position in the US market, marking a significant step in the company’s evolution as a global Bitcoin treasury company.

メタプラネットは、グローバル展開戦略の一環として、米国フロリダ州に100%子会社「Metaplanet Treasury… pic.twitter.com/1VYWPz9Eoe

— Simon Gerovich (@gerovich) April 30, 2025

Shareholders’ Interests Remain Priority

In an April 25 tweet, Gerovich shared a chart indicating a surge in the number of Bitcoin tied to each 1,000 shares of Metaplanet’s stock. The CEO noted, “Our Bitcoin Treasury has seen its BTC per 1,000 shares increase eightfold since the end of September last year.” Still, in the same tweet, the CEO stated that Metaplanet remains committed to increasing its long-term value. Metaplanet aims to achieve this target by increasing the amount of Bitcoin per share.

このグラフは、メタプラネットの株式1,000株あたりに紐づくビットコインの量を示しています。

当社のビットコイン・トレジャリー戦略により、昨年9月末以降、この「1000株あたりのビットコイン」は8倍に増加しました。… pic.twitter.com/SQhO5I5loT

— Simon Gerovich (@gerovich) April 25, 2025

In a separate tweet, Gerovich announced that out of the 3,938 shareholders who opened an account with SBI VC Trade and applied for shareholder benefits, 2,350 winners received approximately ($207,444) 30 million yen in Bitcoin. In the X post, the CEO said the selection was lottery-based.

The CEO added that Metaplanet aims to establish one of the best shareholder benefits programs in Japan. He said such a program must inspire gratitude, deepen understanding of Bitcoin, and encourage long-term holding among investors.

Meanwhile, on April 25, Metaplanet’s CEO announced that the company recorded a new daily volume peak, valued at approximately $9 million. In the X post relaying the record trading volume, Gerovich expressed delight with Metaplanet’s decision to progress with over-the-counter (OTC) market listings. According to him, the OTC market listing allowed the company to welcome new shareholders from the United States.

It was a new record volume day for $MTPLF — $9 million in total. In retrospect, I’m really glad we moved forward with the OTC market listing. It’s allowed us to welcome shareholders from the United States and beyond. Welcome aboard! pic.twitter.com/p7huDDmIvj

— Simon Gerovich (@gerovich) April 29, 2025

Metaplanet Purchased 1,650 BTC in April

Last month, Metaplanet completed five Bitcoin acquisitions. On April 1, Metaplanet recorded its highest April purchase by investing $67.8 million in 696 BTC. On April 2, the investment firm invested $13.2 million to acquire 160 BTC. A few days after this purchase, the company added 319 BTC to its stash after spending $26.3 million on April 14.

Others include a $28.2 million investment for 330 BTC on April 21 and another $13.6 million for 145 BTC on April 24. Overall, Metaplanet spent $149.1 million in April, purchasing 1,650 BTC, which exceeded the 1,115 BTC acquired in March.

In January, Gerovich outlined Metaplanet’s long-term goals, which entail purchasing 10,000 BTC by the end of this year. If the company sustains its current investment momentum, it could exceed its 2025 target before the year ends.