Metaplanet Launches Phase II: Digital‑Bank Acquisition via Bitcoin

Metaplanet Launches Phase II: Digital‑Bank Acquisition via Bitcoin

The second stage of Japanese investment firm Metaplanet's corporate Bitcoin strategy has begun. The company intends to use its present 15,555 BTC reserve to finance the purchase of companies that generate cash. One of its possible aims is a digital bank in Japan, which would represent a dramatic change in the retail banking environment of that nation. CEO Simon Gerovich described the firm's approach as a "Bitcoin gold rush," emphasizing ...

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