Florida

State of Florida withdraws Bitcoin reserve bills amid growing countrywide setbacks

State of Florida withdraws Bitcoin reserve bills amid growing countrywide setbacks

Leave a Comment / Adoption, Bitcoin, Florida, Legislation, Politics /

Florida has officially stepped back from the growing movement among US states to establish a Strategic Bitcoin Reserve (SBR). According to the Florida Senate’s website, lawmakers have indefinitely postponed and withdrawn two critical pieces of legislation, House Bill 487 and Senate Bill 550, to enable public investment in Bitcoin. Despite bipartisan support, particularly for HB […]

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Metaplanet to Establish US Subsidiary in Florida, Aims to Raise 0M

Metaplanet to Establish US Subsidiary in Florida, Aims to Raise $250M

Leave a Comment / Bitcoin, Bitcoin News, Florida, Metaplanet /

Metaplanet is expanding with a wholly-owned subsidiary in Florida, to enhance its Bitcoin operations in the “rapidly emerging” Bitcoin hub. The company’s CEO, Simon Gerovich, confirmed the move on X, announcing a planned capital of up to $250 million to accelerate its Bitcoin treasury strategy. “Metaplanet has resolved to establish a wholly-owned subsidiary, ‘Metaplanet Treasury

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