Metaplanet establishes subsidiaries for BTC infrastructure, investment platforms

Japanese listed company Metaplanet, which has been accumulating Bitcoin, announced the establishment of two new subsidiaries: Metaplanet Ventures and Metaplanet Asset Management. According to its official X account, Metaplanet Ventures plans to invest up to 4 billion yen ($25 million) over the next two to three years to support BTC-related infrastructure and open-source development. Meanwhile, Metaplanet Asset Management will focus on building a Bitcoin-centric asset management platform. The company was previously reported to have not purchased any additional BTC for approximately seven weeks as of last week.