Acquiring Company
SBI Holdings
Acquired Company
Bitbank
Glendale
TokyoFinancial ServicesFinanceLendingBankingFinancial ServicesBlockchainCryptocurrencyDescription
SBI Holdings has announced its agreement to acquire Japanese crypto exchange Bitbank for $289 million. This acquisition highlights SBI's continued investment in the cryptocurrency sector despite its decision to wind down its Bitcoin mining pool services. The merger is part of SBI's broader strategy to strengthen its position in the financial technology landscape. Bitbank is expected to enhance SBI's offerings in digital assets.
Fundz sees it the moment SBI Holdings makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Bitbank?
Bitbank was acquired by SBI Holdings, based in Glendale. The deal was reported on July 2, 2026. SBI Holdings is a financial services company based in Tokyo, Japan, with a focus on internet-based financial services. SBI Holdings is privately held and operates in Financial Services.
When did SBI Holdings acquire Bitbank?
SBI Holdings's acquisition of Bitbank was reported on July 2, 2026. SBI Holdings has announced its agreement to acquire Japanese crypto exchange Bitbank for $289 million. This acquisition highlights SBI's continued investment in the cryptocurrency sector despite its decision to wind down its Bitcoin mining pool services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bitbank do?
Bitbank is a Japanese cryptocurrency exchange that provides a platform for trading various digital assets. The exchange is known for its focus on security and user experience. It offers services tailored for both individual and institutional investors. It is privately held, operating in Financial Services, and is based in Tokyo.
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