Metaplanet, based in Tokyo, is launching a Florida subsidiary called Metaplanet Treasury Corp. with a capital investment of up to $250 million to enhance its bitcoin treasury strategy. This initiative aims to strengthen its operations in the United States by providing a dedicated vehicle for treasury activities. The Florida location was chosen due to its emerging status as a hub for Bitcoin innovation and increased corporate adoption. The establishment of this subsidiary aligns with Metaplanet’s recent actions, including a notable 145 BTC purchase, reinforcing its position as the largest public BTC holder in Asia. The firm seeks to enhance its access to institutional capital and operate efficiently across global time zones. CEO Simon Gerovich highlighted Florida's role in facilitating financial liberalization and the acceleration of Bitcoin-related initiatives.

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