Metaplanet Expands to the U.S. with a New Subsidiary in Florida

Japanese firm Metaplanet is setting up shop in the U.S. as it continues to aggressively scale its Bitcoin (BTC) holdings.

The company announced plans to open a wholly owned subsidiary, Metaplanet Treasury Corp, in Florida.

The new arm launches with $10 million in capital and plans to scale up to $250 million.

Contrary to other reports, the firm isn’t planning to “raise” this figure. Rather, it has resolved to allocate or secure these funds internally, not through external investment.

The move will serve to accelerate its Bitcoin acquisition strategy, which has already seen the firm buy up thousands of BTCs this year.

According to Metaplanet CEO Simon Gerovich, the U.S. expansion will give the company operational coverage around the clock while planting a flag in what he describes as “a global hub where Bitcoin innovation, corporate adoption, and financial liberalization are accelerating.”

Florida, he adds, was a clear choice, citing its rapid rise as a center for corporate crypto activity and regulatory openness.

Metaplanet has already bought 1,650 BTC in the past month alone, pushing its total holdings to 5,000 BTC, currently worth about $467 million.

The firm has its sights set on 10,000 BTC by the end of 2025 and aims to build toward 21,000 BTC by the close of 2026.

Its bullish stance appears to be resonating with investors. Metaplanet’s stock has been up over 1,200% in the past year and has gained another 2.6% today.

The firm’s U.S. expansion comes a week ahead of the “Bitcoin for Corporations 2025” event hosted in Orlando, Florida, by leading BTC behemoth, Strategy.

At the event, MARA CFO Salman Khan, Semler Scientific Chair Eric Semler, and other institutional figures will be discussing the role of Bitcoin in the evolving corporate landscape.