Metaplanet sets up Hong Kong bitcoin investment unit with $1M capital
- —Initial capital of the Hong Kong subsidiary is $1 million, with 100% ownership
- —The unit will trade and monitor positions during Asian hours
- —Simon Gerovich, Darren Winia and Kelvin Li were appointed directors
- —The company expects minimal impact on its consolidated 2026 results
Why it matters: Metaplanet is expanding the infrastructure around its 43,000 BTC treasury, strengthening its presence in Asian markets.
Source: crypto.news