Metaplanet to open US arm, plans to raise $250M for Bitcoin strategy

Metaplanet — a Japanese company focused on accumulating Bitcoin — announced it will launch a United States-based subsidiary. In a May 1 X post, Metaplanet announced that the firm is launching a wholly owned subsidiary in Florida. Furthermore, the new subsidiary is expected to raise up to $250 million of capital to fuel its Bitcoin (BTC) accumulation strategy and tap US institutional investors. In a separate announcement, Metaplanet cites Miami as the city that will host the new subsidiary’s headquarters source: https://cointelegraph.com/news/metaplanet-to-open-us-subsidiary-plans-to-raise-250-m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound