Metaplanet Launches Bitcoin-Focused Treasury in Florida with $250 Million Investment

Metaplanet, a Tokyo-based firm, is expanding its bitcoin treasury strategy by establishing Metaplanet Treasury Corp., a fully owned subsidiary located in Florida. This move strengthens the company’s position as Asia’s largest public bitcoin holder.

The new entity will be funded with up to $250 million and will focus on managing Metaplanet’s U.S. operations. By establishing its presence in Florida, Metaplanet aims to operate continuously across global time zones and gain increased access to institutional capital in the U.S.

Florida’s reputation as a growing center for Bitcoin innovation and corporate adoption played a key role in the company’s decision. CEO Simon Gerovich emphasized the importance of the state, saying, “The state is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization.”

Metaplanet has been expanding its bitcoin holdings recently, including the acquisition of 145 BTC last week, bringing its total to 5,000 BTC. The firm’s strategy mirrors that of Strategy (MSTR), a U.S.-based business intelligence company whose massive BTC accumulation has become central to its corporate strategy.