Japan-based investment firm Metaplanet has decided to expand into America! Here are the details.

Japan-based Bitcoin focused company Metaplanet is establishing a U.S. subsidiary that plans to raise up to 250 million dollars in Florida as part of its expanded strategy for accumulating Bitcoin and attracting the interest of U.S. institutional investors.

Metaplanet has Launched its US Subsidiary in Florida, Aiming to Raise 250 Million Dollars for its Bitcoin Strategy

Metaplanet confirmed that it has established a wholly-owned subsidiary located in Miami and cited the state's pro-Bitcoin stance, financial innovation environment, and supportive regulatory climate as the key reasons behind the movement.

The company stated, "Florida, recognized as a rapidly developing hub for Bitcoin-focused companies and financial innovation, is known for its business-friendly policies and rising status as a global capital and technology center."

The new US arm aims not only to attract new capital from American investors but also to expand Metaplanet's operational scope into a new time zone, thereby increasing its global footprint and sensitivity.

This move comes amid the growing crypto momentum in Florida, where lawmakers and political figures are actively pushing for a deeper integration of Bitcoin into state-level financial policy. In April, the Florida House Insurance and Banking Committee passed a bill that would allow the State Treasury to invest in Bitcoin.

Florida's crypto-friendly environment is further supported by political donations from crypto-backed PACs like Fairshake and figures like CFO Jimmy Patronis, who encouraged the Florida Retirement System to consider allocating a portion of its assets to Bitcoin last year.

Recent applications revealed that the Florida Retirement System holds more than 160,000 shares of Strategy, formerly known as MicroStrategy, which is the largest institutional holder of Bitcoin, and demonstrated increasing institutional compliance with digital asset investment strategies.

Metaplanet has rapidly increased its Bitcoin assets this year. As of May 1st, the company owns a total of 5,000 BTC worth approximately $474.7 million, reflecting a 184% increase since January 1st, when it only had 1,762 BTC.