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In a bid to focus more on Bitcoin, the firm announced it established an offshore subsidiary in the British Virgin Islands . The BVI entity will help it cater to Bitcoin purchases and other Bitcoin-related businesses, as mentioned in the filing. With this latest purchase, Metaplanet is notably driving the broader interest in Bitcoin, a trend that other Asian multinationals may embrace in the near future.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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