Metaplanet Accelerates Expansion: Establishes $25 Million Bitcoin VC Fund and Builds Asset Management Platform in the United States

On March 12, Japanese publicly listed company Metaplanet announced the establishment of two wholly-owned subsidiaries, including the venture capital firm Metaplanet Ventures and Metaplanet Asset Management based in Miami, USA, demonstrating that this company, known for holding large amounts of Bitcoin, is further expanding its digital asset ecosystem. CEO Simon Gerovich confirmed via social media that the plan has received board approval.

According to disclosures, Metaplanet Ventures will focus on investing in Bitcoin financial infrastructure companies in Japan, targeting seed to growth-stage startups. Investment areas include digital asset lending, payment systems, custody services, stablecoin technology, derivatives, and compliance solutions. The firm will also establish an incubator and funding programs to support open-source developers, researchers, and educational institutions in advancing Bitcoin technology ecosystems.

The venture capital fund is approximately $25 million in size, with plans to gradually deploy capital over two to three years. The funding mainly comes from profits generated by Metaplanet’s existing Bitcoin operations, rather than selling its Bitcoin holdings.

The fund’s first investment has already been made. Metaplanet Ventures will invest about 400 million yen (approximately $2.5 million) in Japanese stablecoin issuer JPYC Inc., as part of JPYC’s Series B funding round. Launched in 2025, JPYC’s stablecoin maintains a 1:1 peg to the Japanese yen through bank deposits and government bonds, and operates on blockchain networks such as Ethereum, Avalanche, and Polygon. Recently, JPYC partnered with Sony Bank to expand stablecoin applications into Japan’s music and entertainment industries.

In addition to its venture capital activities, Metaplanet has also established Metaplanet Asset Management in Miami. This entity is positioned as a digital credit and Bitcoin capital markets platform, aiming to connect Asian and Western capital markets, and will offer services including Bitcoin investment products, capital market consulting, and digital asset regulatory infrastructure. The company also plans to launch a variety of investment products, including fixed income, active equity strategies, and volatility strategies.

Currently, Metaplanet holds approximately 35,102 Bitcoins, valued at about $2.45 billion, ranking among the top corporate Bitcoin holdings globally. The company has set more aggressive long-term goals, aiming to increase its holdings to 210,000 Bitcoins by the end of 2027.

Financially, the company previously projected a net loss of about 95 billion yen in 2025, mainly due to unrealized valuation fluctuations of Bitcoin assets. In response, Simon Gerovich stated that the company’s core operating profit increased by 1,695%, and emphasized that even during market adjustments, the company’s stock price performance roughly tracked Bitcoin’s price movements.