Metaplanet’s Grand U.S. Entrance: Bitcoin, Sunshine, and a Dash of Sarcasm!

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Oh, how charming! The latest play in the world of cryptocurrency is none other than Metaplanet’s bold move to raise up to a cool $250 million—entirely for the purpose of one thing: collecting bitcoin. Truly, the finer things in life. 💸

Metaplanet Takes the U.S. by Storm, but It’s Just Another Bitcoin Power Move

In case you missed it, Metaplanet, the Japanese bitcoin treasury firm that miraculously shifted away from hotel development (because who needs hotels when you can have more bitcoin, right?), has set sail for the U.S. market. And where else but Miami, Florida—because why not enjoy a bit of sunshine while raking in some cryptocurrency?

They’ve gone ahead and set up a new wholly-owned subsidiary, Metaplanet Treasury Corp., because apparently “taking advantage of Florida’s bitcoin-friendly business environment” is just the thing for their expansion. Oh, and it’s not just about the weather—Florida is one of the most crypto-enthusiastic states in the U.S., right up there with Wyoming and Texas. 🌞💰

Now, hold on to your hats! Bitcoin analyst Dylan LeClair (hired just last year for his impressive expertise in the art of bitcoin accumulation) is among the two directors of this shiny new subsidiary, alongside Simon Gerovich, the CEO of the parent company. The company’s “primary business purpose”? Oh, just a small thing: accumulating more bitcoin. Nothing too ambitious, of course.

Gerovich, ever the optimist, took to X to declare, “The reason for choosing Florida is crystal clear: the state is rapidly becoming a global hub for Bitcoin innovation.” Naturally. Because if you’re not innovating with bitcoin in Florida, are you even trying? 🚀

And to wrap it all up with a bow, he adds, “This new subsidiary will further strengthen our around-the-clock operational capabilities across time zones,” which sounds terribly impressive, doesn’t it? Oh, and it marks an “important step in Metaplanet’s evolution.” Because, of course, they’re evolving into the global Bitcoin treasury company of our dreams. 🍾

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2025-05-02 02:57