Metaplanet CEO participates in the acquisition of the South Korean company SGA, promoting the expansion of the Asian encryption reserve strategy.

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On July 15, according to Cointelegraph, Simon Gerovich, CEO of the Japanese Bitcoin reserve company Metaplanet, plans to participate in the acquisition of a controlling stake in the South Korean listed software service company SGA. If the deal goes through, SGA will implement a broader digital asset strategy through the acquisition of Bitcoin. Although Simon Gerovich is participating as an independent investor rather than representing Metaplanet, this move aligns with Metaplanet's growing Bitcoin reserve strategy. This acquisition is part of accelerating the adoption of Bitcoin strategies by Asian companies, transforming traditional companies into entities linked to Bitcoin through the transaction, making companies like SGA tools for Bitcoin investment in the regional capital market. Metaplanet announced yesterday that it purchased 797 BTC at approximately $117,451 per Bitcoin, with a total transaction amount of about $93.6 million, achieving a Bitcoin yield of 435.9% 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 about $100,191 per Bitcoin.

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