Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal
The Japanese loans provider MBK says it has bought over $2 million worth of Bitcoin (BTC) and struck a partnership deal with a domestic crypto exchange.
The new deal will see MBK work with FINX JCrypto, which owns the Coin Estate exchange. The latter provides crypto settlement services for real estate purchases.
MBK (TYO: 3121) share prices on the Tokyo Exchange since the start of 2025. (Source: Yahoo Finance)
In an official MBK press release, the company said that it had acquired 300 million yen ($2,037,836) worth of Bitcoin using its balance sheet.
It said the company’s board of directors had signed off on the purchase before it snapped up approximately BTC 17.6, paying a price of around 17 million yen ($115,529)…
