Metaplanet Announces the Establishment of a Subsidiary in the United States to Accelerate Bitcoin Strategy
ChainCatcher reports that Japanese listed company Metaplanet has announced the establishment of a wholly-owned subsidiary, Metaplanet Treasury Corp., in Florida to advance its Bitcoin financial strategy and global expansion. The subsidiary has a registered capital of $250 million and is expected to be established in May 2025, with its headquarters in Miami.
The new subsidiary will improve Bitcoin acquisition efficiency, enhance financial flexibility, and support the company's strategic positioning in the U.S. market. It is reported that Metaplanet has acquired approximately 68 billion yen worth of Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More
