Metaplanet Launches Florida-Based Treasury Division to Strengthen Bitcoin Strategy
Metaplanet, the Tokyo-based firm that has become the largest public Bitcoin holder in Asia, is expanding its Bitcoin-focused treasury strategy with the creation of a new subsidiary in Florida, Metaplanet Treasury Corp.
The new entity will be capitalized with up to $250 million, serving as the firm’s dedicated vehicle for U.S. treasury operations. According to Metaplanet, this move will help streamline operations across global time zones while providing greater access to institutional capital in the U.S. market.
Florida was chosen as the location due to its emerging role as a global hub for Bitcoin innovation and corporate adoption.
“The state is rapidly evolving into a global center where Bitcoin innovation, corporate adoption, and financial liberalization are all accelerating,” Metaplanet CEO Simon Gerovich said in an X post, translated from Japanese.
This development follows Metaplanet’s most recent Bitcoin purchase—a 145 BTC acquisition—bringing its total holdings to an impressive 5,000 BTC. The firm’s strategy is increasingly being compared to Strategy (MSTR), the U.S.-based firm known for its substantial Bitcoin investments, which have become a core part of its business identity.
