Metaplanet Expands Bitcoin Strategy with New Venture Firm

Metaplanet, a significant Bitcoin-buying company, has established Metaplanet Ventures to bolster the Bitcoin ecosystem in Japan. This new venture firm will focus on funding, incubating, and scaling companies building regulated Bitcoin financial infrastructure, aiming to strengthen Japan's position in the international market. The initiative anticipates Bitcoin being reclassified as a regulated financial asset by January 2028. Metaplanet Ventures will operate through investment, incubation, and grants programs, allocating 4 billion Japanese yen ($25.2 million) over the next two to three years. While expanding its investment strategy, Metaplanet reaffirms that accumulating and holding Bitcoin remains its primary focus, currently holding 35,102 Bitcoin worth $2.44 billion and aiming for 210,000 Bitcoin by the end of 2027.

(Source：Cointelegraph)