Metaplanet Launches $250M Bitcoin Treasury in US, Targets Crypto Hub of Florida

Japanese company Metaplanet has launched its U.S. operations with a wholly owned subsidiary, Metaplanet Treasury Corp, based in Miami, Florida. The move allows the company to raise up to $250 million for Bitcoin buying. This strategic decision to establish the subsidiary in Florida is driven by the state’s thriving crypto ecosystem and pro-crypto regulations.