Metaplanet Launches US Subsidiary to Raise $250M for Bitcoin Accumulation

Metaplanet, a Japanese company dedicated to Bitcoin accumulation, has announced the launch of a United States-based subsidiary. This move is part of the firm's strategy to expand its Bitcoin accumulation efforts and attract US institutional investors. The new subsidiary, headquartered in Florida, aims to raise up to $250 million in capital to support its Bitcoin strategy.

Florida was selected as the location for the new subsidiary due to its favorable environment for Bitcoin-focused companies and financial innovation. The state is known for its business-friendly policies and its growing status as a global center for capital and technology. Metaplanet cited Florida's pro-Bitcoin environment, which has fostered increased corporate adoption of Bitcoin and financial liberalization, as a key factor in its decision. The new subsidiary will also enable Metaplanet to expand its operations into a new timezone, further enhancing its global presence.

Metaplanet's entry into the US market coincides with Florida's emergence as one of the most Bitcoin-friendly states in the country. In April, Florida's House Insurance and Banking Committee approved a bill that would allow the State Treasury to invest in Bitcoin. This bill, proposed in early February, underscores the growing acceptance of Bitcoin within the state's political and financial landscape.

The cryptocurrency industry has a strong presence in Florida, with significant political support. Two Republicans who received substantial funding from a crypto-backed political action committee (PAC) won special elections in Florida and will enter the US House. This political backing further cements Florida's position as a hub for cryptocurrency innovation and investment.

Metaplanet's current Bitcoin holdings stand at 5,000 BTC, valued at approximately $474.7 million. This represents a significant increase from the firm's holdings of 1,762 BTC at the beginning of 2025, marking an 184% growth. The company's recent acquisitions include 696 BTC for 10.2 billion yen ($67 million) in early April, 330 BTC for $28.2 million later that month, and an additional 145 BTC for 1.9 billion Japanese yen (around $13.4 million) toward the end of April. These acquisitions have brought Metaplanet's total holdings to 5,000 BTC, demonstrating the company's commitment to its Bitcoin accumulation strategy.

The establishment of a US subsidiary and the planned capital raise of $250 million are strategic moves by Metaplanet to further its Bitcoin accumulation goals. By tapping into the US institutional investor market and leveraging Florida's pro-Bitcoin environment, Metaplanet aims to solidify its position as a leading player in the Bitcoin accumulation space. The company's continued growth and strategic investments reflect its confidence in the future of Bitcoin and its potential as a store of value.