- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Metaplanet CEO participates in acquisition of South Korean company SGA to promote strategic expansion of crypto reserves in Asia
Odaily News Simon Gerovich, CEO of Japanese Bitcoin reserve company Metaplanet, plans to participate in the acquisition of a controlling stake in South Korea-listed software service company SGA. If the transaction is finally completed, SGA will implement a broader digital asset strategy by acquiring Bitcoin. Although Simon Gerovich participated as an independent investor rather than on behalf of Metaplanet, the move is consistent with Metaplanets growing Bitcoin reserve strategy. The acquisition is part of a strategy to accelerate the adoption of Bitcoin by Asian companies, transforming traditional companies into Bitcoin-linked entities through transactions, making companies such as SGA a tool for Bitcoin investment in regional capital markets.
Metaplanet announced yesterday that it had purchased 797 BTC at a price of approximately $117,451 per Bitcoin, with a total transaction amount of approximately $93.6 million, and achieved a 435.9% Bitcoin return so far in 2025. As of July 14, 2025, Metaplanet holds a total of 16,352 BTC, with a cumulative purchase cost of approximately $1.64 billion and an average purchase price of approximately $100,191 per coin. (Cointelegraph)
You may also like
Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Why did the star Web3 project Across Protocol choose to abandon DAO?
In fact, ETH scaling is a major benefit for L2
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
The Cryptographic Past of the Middle East
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
App