Odaily Planet Daily News: Simon Gerovich, the 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 is finalized, 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 ongoing strategy of increasing its Bitcoin reserves. This acquisition is part of accelerating the adoption of Bitcoin strategies among Asian enterprises, transforming traditional companies into entities linked to Bitcoin via the transaction, making companies like SGA tools for Bitcoin investment in regional capital markets. Metaplanet announced yesterday that it purchased 797 BTC at a price of 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 acquisition cost of approximately $1.64 billion and an average acquisition price of about $100,191 per Bitcoin. (Cointelegraph)

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