Bitcoin treasury company Metaplanet establishes a holding company in the United States.

## Organizing the management foundation with a holding company system

Metaplanet Inc. (3350) announced on the 25th that it has established a new wholly-owned subsidiary holding company, "Metaplanet Holdings," in Florida, USA, and will make it the parent company of its existing US subsidiary, "Metaplanet Treasury Corporation."

Through the new group structure, we aim to strengthen the management system of our U.S. business and establish a management foundation to support our international expansion as a Bitcoin (BTC) treasury (financial strategy) company.

In particular, it was stated that the introduction of a holding company structure is expected to enhance risk diversification and strategic flexibility within each business entity.

In the future, there are plans to establish a second subsidiary focused on derivative-related businesses under the new company "Metaplanet Holdings." It is stated that the aim is to clarify the risk separation from the Bitcoin income business and to achieve advanced risk management.

Metaplanet plans to transfer all shares of its existing subsidiary "Metaplanet Treasury Corporation" (valued at $715.5 million) to the newly established "Metaplanet Holdings" using the method of in-kind contribution.

The establishment of "Metaplanet Holdings" is scheduled for July, with Metaplanet Co., Ltd. being the major shareholder with a 100% stake.

The impact on the performance for the fiscal year ending December 2025 due to the establishment of the subsidiary is expected to be minimal; however, if it is found to have a significant impact, it was also stated that they will notify promptly.

On the 15th, there was an announcement that National Financial Services, a wholly-owned subsidiary of the major US financial firm Fidelity Investments, has become the largest shareholder of Metaplanet.

Metaplanet is a Bitcoin financial strategy company representing Japan. In June, it announced the "555 Million Plan" aiming to hold 100,000 BTC by the end of 2026 and over 210,000 BTC by the end of 2027.

On the 14th, it was announced that an additional purchase of 797 BTC of Bitcoin was made. The company's total Bitcoin holdings have reached 16,352 BTC. As of that date, unrealized gains of over 47 billion yen had been generated.

In addition, the U.S. Strategy Company, which Metaplanet models its financial strategy after, has increased its Bitcoin holdings by purchasing more with the funds obtained from the sale of stocks last week. Their holdings have increased to 607,770 BTC.

It has the largest holdings among global companies, with a current valuation exceeding 10 trillion yen. This corresponds to approximately 3% of the total supply of 21 million bitcoins.

According to BitcoinTreasuriesNet, Metaplanet is currently ranked 7th in the world among companies holding Bitcoin, following Trump Media at 6th place (18,430 BTC).

In particular, last year in the United States, the accounting rules for holding cryptocurrencies on the balance sheet were changed, allowing companies to report unrealized gains. Against this backdrop, the number of companies adopting cryptocurrencies, including Bitcoin, as financial assets is increasing.

Recently, companies have emerged that are incorporating not only Bitcoin but also Ethereum (ETH), Solana (SOL), and XRP into their financial strategies.