Metaplanet will invest 5 billion dollars in its subsidiary in the United States to expand globally.

Metaplanet, a company based in Japan, has just announced that its board of directors has approved a $5 billion investment in its subsidiary in America, aimed at expanding its global strategy focused on Bitcoin. This move comes after they established a unit in Miami last month as part of their international growth plan.

Metaplanet announced that the investment will be sourced from stock purchase rights and will be used to build a global integrated corporate finance fund with Bitcoin holdings. The company has added 1,111 Bitcoin to its reserves, bringing the total to 11,111 BTC, making it the eighth largest Bitcoin holder in the world.

Despite this announcement, Metaplanet's shares in America fell by 5.9%, indicating that the market remains cautious about the impact of the investment on the current financial year.