Metaplanet Establishes U.S. Treasury Branch to Strengthen Bitcoin Reserve Plans
Metaplanet Expands Bitcoin Strategy with New Treasury Subsidiary in Florida
Tokyo-based Metaplanet is taking a significant step forward in its bitcoin-focused treasury strategy by establishing a fully owned subsidiary, Metaplanet Treasury Corp., in Florida. The move is designed to bolster the company’s position as the largest public holder of bitcoin in Asia.
Metaplanet plans to invest up to $250 million into the new entity, which will serve as the company’s primary U.S. vehicle for treasury operations. This strategic decision aims to enhance its ability to operate across multiple time zones, further tapping into institutional capital in the U.S. market.
Florida was chosen as the location due to its growing reputation as a hub for Bitcoin innovation and corporate adoption, making it an ideal setting for Metaplanet’s expanding operations.
Metaplanet CEO Simon Gerovich expressed the company’s optimism, stating, “The state is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization,” in an X post translated from Japanese.
This move follows a recent series of bitcoin acquisitions, with Metaplanet adding 145 BTC to its holdings last week, bringing the company’s total bitcoin reserve to 5,000 BTC.
The company’s approach has drawn parallels to Strategy (MSTR), the U.S.-based business intelligence firm that has become known for its aggressive bitcoin accumulation strategy. Both firms share a vision of making bitcoin a central aspect of their corporate identity and long-term financial strategy.
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