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Metaplanet Plans Expansion through Acquisition of a Digital Bank in Japan

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by Giorgi Kostiuk

4 hours ago


Metaplanet, a notable Bitcoin holder, has announced plans to possibly acquire a digital bank in Japan, sparking interest in the crypto community.

Metaplanet's Bitcoin Accumulation Plans

CEO of Metaplanet, Simon Gerovich, stated in a recent interview with the Financial Times the company's intention to accumulate as much Bitcoin as possible to finance profitable businesses. He hinted that Metaplanet may expand into digital financial services.

Metaplanet's Bitcoin Holdings Statistics

After the recent announcement of purchasing 2,205 BTC worth $238.7 million, Metaplanet's total holdings reached 15,555 Bitcoin, making it the fifth largest among Bitcoin treasury companies. The largest holder is Michael Saylor's company with 597,325 BTC.

Digital Banking Market in Japan

Details regarding Metaplanet's plans to acquire a digital bank in Japan have not yet been disclosed. However, it is anticipated that the company may seek greater involvement in digital financial services.

The potential acquisition of a digital bank by Metaplanet illustrates the growing interest in integrating cryptocurrencies into traditional financial services, which could impact market development in Japan.

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