Metaplanet to Establish U.S. Subsidiary in Florida, Aiming to Raise $250 Million for Bitcoin Strategy.
Japanese investment firm Metaplanet has announced plans to launch a wholly owned subsidiary in Florida, with the objective of raising up to $250 million to bolster its Bitcoin accumulation strategy. The move is designed to tap into U.S. institutional investment and expand the company’s operations into a new timezone.
In a statement released on May 1, Metaplanet highlighted Florida’s emerging status as a hub for Bitcoin-focused companies and financial innovation. The firm cited the state’s business-friendly policies and its growing reputation as a global center of capital and technology as key factors in its decision.
The establishment of the U.S. subsidiary is part of Metaplanet’s broader strategy to increase its Bitcoin holdings. As of the announcement, the company holds 5,000 BTC, valued at approximately $474.7 million. This represents a significant increase from the 1,762 BTC held at the beginning of 2025.
Metaplanet’s expansion into the U.S. market aligns with its goal of becoming a leading corporate holder of Bitcoin. The firm aims to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026, mirroring Bitcoin’s capped supply of 21 million coins.
The company’s move also reflects Florida’s growing role in the cryptocurrency industry. In April, the state’s House Insurance and Banking Committee approved a bill that would allow the State Treasury to invest in Bitcoin. Additionally, two Republicans who received a combined $1.5 million from the crypto-backed political action committee Fairshake won special elections in Florida.
Metaplanet’s U.S. expansion and fundraising efforts underscore its commitment to solidifying its position as a global leader in Bitcoin adoption and corporate investment.
