South Korean Regulators Approve SGA Co. Takeover in Potential Bitcoin Treasury Strategy Move

Metaplanet CEO joins investment in Korean company to boost Asia crypto treasuries

Source: Coin Tegraph Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital asset strategy. While Gerovich is listed as an independent investor — not acting on behalf of Metaplanet — the move aligns with the…

South Korean Regulators Approve SGA Co. Takeover in Potential Bitcoin Treasury Strategy Move

The post South Korean Regulators Approve SGA Co. Takeover in Potential Bitcoin Treasury Strategy Move appeared on BitcoinEthereumNews.com. South Korean regulators have given the green light for a strategic takeover of SGA Co. by investors linked to Metaplanet and Sora Ventures, marking a significant move in Asia’s Bitcoin treasury adoption. This acquisition follows a similar initiative in Thailand, highlighting a growing trend of leveraging publ…

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