Metaplanet, a digital asset company headquartered in Hong Kong, China, has revealed plans to open a subsidiary in Miami, Florida. This expansion is part of the company's efforts to grow its
The CEO, whose name has not been made public in recent releases, indicated that Miami was chosen due to its rising profile as a welcoming hub for cryptocurrency enterprises and its access to steady and reasonably priced energy. Metaplanet shared that its ongoing Bitcoin mining projects have delivered stable returns, reporting an average monthly yield of 14% during the past half-year. The firm has also secured strategic alliances with regional energy firms to guarantee consistent power for its operations, which is crucial for sustaining profitability given the industry’s unpredictability.
Beyond its mining initiatives, Metaplanet intends to introduce Bitcoin staking and lending offerings through its new American branch, aiming to expand revenue channels and draw in institutional investors. Although public details are limited, company filings indicate that more than $50 million in investment pledges have been obtained over the last year. These resources are directed toward acquiring equipment, building infrastructure, and recruiting skilled personnel. Metaplanet has further expressed its intention to venture into blockchain-powered solutions for real estate and asset tokenization, continuing to broaden its presence in the digital asset market.
Industry experts note that Metaplanet’s entry into the U.S. is part of a wider trend within the Bitcoin mining sector, where firms are increasingly diversifying their geographic footprint to address challenges related to fluctuating energy prices, evolving regulations, and international tensions. The Miami expansion mirrors similar steps taken by other companies in the space, such as Bitmain Technologies and
The news has also sparked debate about the effects of rising overseas investment in the American cryptocurrency landscape. Regulatory authorities like the SEC and FinCEN continue to watch these developments closely, especially after several major clampdowns on unauthorized crypto trading platforms and unlicensed financial operators. While Metaplanet has yet to confirm if it has sought specific operating licenses in the U.S., company officials assure that all business activities will fully adhere to relevant local regulations and standards.