Metaplanet acquires Siiibo Securities in $13.1m deal to advance Bitcoin strategy
Metaplanet (3350) acquired Siiibo Securities, a Tokyo-based Type I Financial Instruments Business Operator, in a deal valued at approximately 2.1 billion yen ($13.1 million), the Japanese bitcoin treasury company announced on Friday. Following the completion of the transaction, Siiibo Securities will become a wholly owned subsidiary, renamed Metaplanet Securities. The acquisition marks the first major…