Metaplanet Inc., a Tokyo-listed investment firm, plans to establish a wholly owned subsidiary in Florida focused on Bitcoin investment. The firm is seeking to raise $250 million to expand its Bitcoin treasury strategy, aiming to increase its Bitcoin holdings to 10,000 BTC by the end of 2025, having already surpassed the 5,000 BTC mark. Florida was selected for its rising reputation as a hub for Bitcoin innovation and corporate adoption, as highlighted by CEO Simon Gerovich. Metaplanet is inspired by the corporate Bitcoin adoption strategies of industry leaders and aims to strengthen its operational capabilities. Recently, the firm acquired an additional 145 BTC for approximately $13.6 million, marking a continuous acquisition strategy that began with just 97.8 BTC in April 2024. This significant accumulation reflects their ambition to solidify a footprint in the U.S. market, with overall holdings now valued at over $473 million, making Metaplanet one of the notable Bitcoin holders globally.

Source đź”—