Meta planet Accelerates Global Expansion: New Subsidiary in Miami Supports Bitcoin Strategy!
Japanese TSE-listed company Meta planet announced on Thursday that it will establish a wholly-owned subsidiary in Miami to promote global expansion and Bitcoin financial strategies. Since April 2024, the company’s Bitcoin holdings have surpassed 5,000 coins (approximately $475 million), with a recent additional purchase of 145 coins, achieving 50% of the 2025 target of 10,000 coins.
Florida's friendly business environment makes it a hotspot for Bitcoin innovation. The newly established company will focus on accumulating Bitcoin assets and enhancing capital operation efficiency. The CEO pointed out that the subsidiary plans to launch with $10 million and raise $250 million to accelerate asset allocation.
Additionally, Meta planet has invited the CEO of Bitcoin Magazine to join the advisory team to strengthen its political and industry influence. This news drove the stock price up by 2.6%, reaching 394 yen (approximately $2.73), with an increase of over 1,260% over the past year.
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