Metaplanet Plans to Acquire Digital Bank in Second Phase of Bitcoin Strategy

According to Cointelegraph, Japanese listed company Metaplanet plans to acquire digital banks in the second phase of its Bitcoin strategy, including digital banks in Japan. CEO Simon Gerovich said in a recent interview, "We see it as a Bitcoin gold rush, and we need to accumulate as much Bitcoin as possible...to reach escape velocity and make it difficult for others to catch up. We will obtain cash that can be used to acquire profitable businesses, perhaps acquiring a digital bank in Japan and providing digital banking services superior to those currently available in the retail industry." [Foresight News]