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Metaplanet to open US arm, plans to raise $250M for Bitcoin strategy

Coin Telegraph LogoCoin Telegraph12h ago

Metaplanet to open US arm, plans to raise $250M for Bitcoin strategy - Coin Telegraph

Quick Summary:

The firm points to Florida as a particularly favorable environment:“Florida, a rapidly emerging hub for Bitcoin focused companies and financial innovation, recognized for its business-friendly policies and rising status as a global center of capital and technology.”The company explained that it decided to go to Florida due to its pro-Bitcoin environment, which purportedly led to Bitcoin corporate adoption and financial liberalization.

Related: Metaplanet repays 2B yen bonds early, CEO comments on BTC ‘down days’Metaplanet continues to growAccording to Metplanet’s website, the firm currently holds exactly 5,000 Bitcoin worth $474.7 million at the time of writing.

Metaplanet — a Japanese company focused on accumulating Bitcoin — announced it will launch a United States-based subsidiary.

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Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 09:54:31 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28307920

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 34 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://poppadom.beamstart.com/news/metaplanet-to-open-us-arm-17460903473348

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