Metaplanet Doubles Down on Bitcoin Bet with Florida Expansion
Tokyo-based Metaplanet plants its flag in Miami—because nothing says ’crypto innovation’ like a tax haven and beachside margaritas. The firm’s new U.S. arm will focus exclusively on scaling its Bitcoin treasury strategy, joining the growing herd of corporations treating BTC like a corporate bond with 100x volatility.
Why Florida? Cheap power, lax regs, and a governor who’d probably accept your tax payment in Dogecoin. Meanwhile, Wall Street still can’t decide if this is genius or a glorified hedge against fiat collapse.
One thing’s certain: when the next crypto winter hits, at least their team can drown sorrows in ocean views and Art Basel parties.
Crypto Is the Future, Not Banks, Says Eric Trump
Florida was chosen as the launchpad thanks to its fast-growing reputation as a magnet for Bitcoin-focused enterprises and policy shifts favoring crypto adoption. In a translated statement, CEO Simon Gerovich noted the state’s increasing role in global Bitcoin innovation and financial decentralization.
Metaplanet’s growing resemblance to U.S. firm MicroStrategy hasn’t gone unnoticed. Like MSTR, the company is becoming known less for its original business and more for its identity as a Bitcoin-holding powerhouse.
