"Japanese Metaplanet Considering Acquisition of Local Digital Bank"

Source
Son Min

Summary

  • Metaplanet has announced that it is considering the acquisition of a local digital bank.
  • The CEO of Metaplanet said the company aims to secure Bitcoin (BTC) and use it as collateral to raise funds and acquire profitable businesses.
  • Metaplanet has stated that it currently holds 15,555 BTC.

Metaplanet, regarded as a strategic player in Japan, is reportedly considering acquiring a local digital bank.

On the 8th (local time), Simon Gerovich, CEO of Metaplanet, stated in an interview with the Financial Times, "We are currently focused on securing as much Bitcoin (BTC) as possible," adding, "The next goal is to acquire profitable businesses by raising funds collateralized with Bitcoin." He continued, "We are also considering acquiring a digital bank in Japan in order to provide much better financial services than the current ones."

Meanwhile, Metaplanet currently holds 15,555 BTC.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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