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Metaplanet has formed a collaboration with SBI VC Trade to bolster its Bitcoin strategy, encompassing the areas of trading, custody, and management of Metaplanet&#39;s Bitcoin holdings.The partnership is in line with Metaplanet&#39;s goal of becoming a prominent contemporary financial services company and enhances its corporate strategy by providing more flexibility.The primary aspect of the cooperation is the availability of a corporate custody service that adheres to regulations and emphasizes tax efficiency.Additionally, it provides the opportunity to use <a href="https://optimisus.com/news/ai-news/coinbase-completes-the-first-ever-ai-to-ai-cryptocurrency-transaction/" rel="noopener noreferrer nofollow">Bitcoin as collateral</a> for financing purposes. Metaplanet shall inform its stakeholders about any financial or material consequences that may result from the cooperation.Metaplanet&#39;s growing focus on Bitcoin as a key element of its corporate strategy has led to a partnership, earning the company the nickname &#34;Asia&#39;s MicroStrategy&#34; due to its goal of emulating the US-listed company&#39;s adoption of the digital asset.MicroStrategy, led by Michael Saylor, currently possesses a total of 226,500 BTC, establishing itself as the foremost holder of BTC among publicly-traded corporations.

Japanese investment firm Metaplanet announces a partnership with SBI VC Trade

Optimisus

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