Japan2026.10.01CoinPost

SBI Group Completes Full Acquisition of Bitbank as Wholly Owned Subsidiary

• Bitbank became a 100% subsidiary of SBI Holdings after repurchasing treasury shares from MIXI and Ceres, completing a three-stage deal worth roughly 46.7 billion yen first agreed on June 25, 2026.
• SBI VC Trade President Tomohiko Kondo was appointed to Bitbank's board, while CEO Noriyuki Hiroshima continues as President and CEO and will also become an outside director of SBI VC Trade; three outside directors (Satoshi Tsuzuki, Nobuhiro Kanayama, Masaya Kubota) resigned.
• Bitbank said customers can continue using its services as before, and the company plans to expand its digital asset business as part of the SBI Group.