Metaplanet’s Bold Bitcoin Bet: $250M U.S. Expansion to Fuel 10,000 BTC Treasury Goal

Tokyo-based Metaplanet Inc. is doubling down on its Bitcoin strategy with a $250 million U.S. subsidiary launch, aiming to dominate institutional crypto adoption while halfway to its 10,000 BTC accumulation target.

Metaplanet to Establish US Subsidiary, Seeks $250M to Boost Bitcoin Strategy

Metaplanet Inc., a Tokyo-listed investment firm, is expanding its Bitcoin-focused strategy by establishing a wholly owned subsidiary in Florida. The new entity, Metaplanet Treasury Corp., aims to raise $250 million to enhance its Bitcoin treasury operations and tap into U.S. institutional investor markets.

The company has already amassed 5,000 BTC, halfway to its ambitious target of 10,000 BTC. Florida was selected for its growing reputation as a hub for Bitcoin innovation and adoption, according to Metaplanet’s CEO.

The move underscores the firm’s commitment to round-the-clock operations across time zones, leveraging Florida’s strategic position in the cryptocurrency ecosystem.

Big Four Wirehouses Set to Unlock Bitcoin ETFs for Millions of Investors

The financial advisory landscape is poised for a seismic shift as the four largest U.S. wirehouses—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS—prepare to grant their advisors access to Bitcoin ETFs. With a combined $10 trillion in assets under management, these institutions could catalyze a wave of mainstream crypto adoption.

Bitwise CIO Matt Hougan anticipates the move will unlock billions in capital inflows, marking a pivotal moment for institutional participation in digital assets. The development follows accelerating momentum for Bitcoin ETFs, which have seen surging demand since their regulatory approval earlier this year.

Market observers note the wirehouses’ endorsement could serve as a critical validation point for skeptical investors. "When firms of this magnitude move," remarked one analyst, "the entire wealth management ecosystem takes notice." The decision may pressure competing firms to accelerate their own crypto product rollouts.

Bitcoin Hits Record Realized Market Cap Amid Bullish Signals

Bitcoin’s realized capitalization—an often-overlooked metric tracking the aggregate acquisition cost of all circulating coins—has surged to an all-time high. While price action remains stagnant, this underlying strength suggests accumulating investor confidence and potential for a significant upward move.

The market’s silent accumulation phase mirrors historical precedents where realized cap peaks preceded major rallies. Analysts interpret this as institutional money entering the market at scale, with $100,000 price targets now appearing increasingly plausible.

Unlike speculative price spikes, realized cap growth reflects sustained capital inflows. This fundamental support could buffer against volatility while creating a springboard for the next parabolic advance.

Bitcoin Decouples & Shrugs Off U.S. Recession Fears — Is This the End of Wall Street’s Grip on Crypto?

Bitcoin has defied traditional market correlations, maintaining stability despite U.S. recession signals. The cryptocurrency hovered NEAR $95,000 resistance, with traders locking in profits at that level. April’s 14% gain underscores its growing independence from equities.

U.S. GDP contracted 0.3% in Q1 2025—the first decline since 2022. Yet Bitcoin’s resilience suggests a decoupling from macroeconomic anxieties. The S&P 500 correlation, once a dominant narrative, now appears increasingly tenuous.

Bitwise Analysts Suggest U.S. Recession May Catalyze Bitcoin Rally

André Dragosch, European head of research at Bitwise, posits that Bitcoin stands to gain from an unexpected source: the contracting U.S. economy. The first-quarter GDP decline of 0.3% in 2025 has stoked recession fears, yet crypto markets see opportunity in the Fed’s potential policy pivot.

Futures markets now price in a 58% chance of rate cuts by July, while the dollar index (DXY) has shed 8.3% year-to-date. This macroeconomic shift coincides with Bitcoin exhibiting rare divergence from equities, its price action increasingly mirroring gold’s haven characteristics.