PANews reported on May 1 that Metaplanet, a Japanese listed company, announced that it will establish a wholly-owned subsidiary, Metaplanet Treasury Corp., in Florida to promote its Bitcoin financial strategy and global expansion. The subsidiary has a registered capital of US$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 in Bitcoin.