Japanese Bitcoin treasury Metaplanet has announced a new corporate acquisition today. With this, the company is aiming to boost the growth of Bitcoin-related financial services in Japan with BTC yield products.
Metaplanet Announces Major Corporate Deal
According to Metaplanet CEO Simon Gerovich, the company has entered into an agreement to acquire all shares of Siiibo Securities Co., Ltd. in a tweet on X. For context, the firm is a Type I Financial Instruments Business Operator. It also has an online platform dedicated to individual investors’ offerings of corporate bonds.
On X, Gerovich wrote, “We are pleased to report that we have entered into an agreement to acquire all shares of Siiibo Securities Co., Ltd.”
The deal should be completed in July, the announcement said. After the completion, the company intends to rebrand the acquired firm’s name to “Metaplanet Securities Co., Ltd.”
TSE press release:https://t.co/e6Eqw6HKsb pic.twitter.com/yOzAjcR5e8
— Simon Gerovich (@gerovich) June 12, 2026
Moreover, the transaction was a significant milestone for the Bitcoin-centric firm, according to Gerovich.
“This transaction marks our company’s first full-scale M&A and represents the initial concrete step in Project Nova, which aims to build a financial ecosystem centered on Bitcoin,” he said.
The acquisition comes on the heels of CEO Gerovich eyeing share buyback to maximize BTC yield. Ahead of the announcement of this deal, the Metaplanet stock gained 3.57%, closing at 232 JPY on Friday, June 12.
How Will This Deal Help Expand Bitcoin-Related Business?
The purchase follows a series of Bitcoin-related acquisitions that Metaplanet has been making. The new subsidiary will be used to offer investors new investment products related to Bitcoin, the company said. He added that the firm will use the unit to serve as the basis for regulatory and operational licensing.
The news highlighted that the investment trend is shifting in Japan. About “1,190 trillion yen remains stagnant in the form of cash deposits and low-yield products” among Japanese households, added Gerovich.
He said that with the country transitioning from deflation to inflation, investors are looking for more returns. “As the shift from deflation to inflation takes hold, funds are beginning to move in pursuit of yield,” the Metaplanet CEO added.
The integration of Siibo Securities’ registration and securities trading platform online will enable Metaplanet to “establish the framework to provide Bitcoin-related yield products to investors across Japan.”
Gerovich concluded, “We have great respect for Kazuki Komura and the team at Siiibo Securities and what they have built. Together, as Metaplanet Securities, we will bring new yield opportunities to Japan.”
The firm also reaffirmed the fact that it’s the “Asia’s largest holder with 40,177 BTC” Hence, it aims to use this advantage as to offer new investment products via the business acquired. However, the company hasn’t bought any Bitcoin since April.
Nonetheless, in April, Metaplanet issued $50 million in bonds to buy more Bitcoin. Hence, netizens believe it will continue buying BTC after a brief hiatus.
Be the first to comment