Question 1

How much is SBI paying for Bitbank?

Accepted Answer

SBI Holdings is acquiring Bitbank for ¥46.7 billion, approximately $289 million, through its subsidiary SBICAH via a combination of share purchases and a third-party share allocation.

Question 2

When will the Bitbank acquisition close?

Accepted Answer

Share transfers from individual shareholders are expected around August 2026, with the full transaction, including buybacks of MIXI and Ceres stakes, targeted for completion around October 2026, subject to antitrust clearance from Japan's Fair Trade Commission.

Question 3

Will Bitbank's exchange services change after the acquisition?

Accepted Answer

Bitbank said its exchange will continue operating as usual and did not announce changes to its brand, trading pairs, fees, or customer terms as part of the agreement.

SBICAH

SBI Holdings signs $289 million deal to take full ownership of Japan’s Bitbank exchange

One sharp brief.
Every day.

SBICAH

SBI Holdings signs $289 million deal to take full ownership of Japan’s Bitbank exchange

One sharp brief.Every day.

One sharp brief.
Every day.