Metaplanet Backers Launch Takeover Bid for Thai-Listed DV8 to Expand Bitcoin Treasury
HKAN | Jul 4
JUST IN: Metaplanet Backers Launch Takeover Bid for Thai-Listed DV8 in Bitcoin Treasury Expansion
Investors backing Japanese Bitcoin-focused firm Metaplanet have launched a takeover bid for DV8, a publicly-listed company in Thailand, as part of an ambitious strategy to expand their corporate Bitcoin treasury holdings across Asia.
According to sources familiar with the matter, the proposed acquisition aims to position DV8 as another regional vehicle to hold and accumulate Bitcoin, following Metaplanet’s pioneering approach in Japan.
Why This Matters
✅ Expands Metaplanet’s Bitcoin-centric business model into Southeast Asia
✅ Highlights growing institutional confidence in Bitcoin as a corporate treasury asset
✅ Strengthens Asia’s presence in global Bitcoin adoption
About Metaplanet and DV8
Metaplanet gained headlines earlier this year for its aggressive strategy to add Bitcoin to its balance sheet, similar to MicroStrategy in the U.S. The company’s backers have now set sights on DV8, which operates retail and technology services in Thailand, offering a potential platform to diversify and deploy Bitcoin-centric financial products in the region.
The Bigger Picture
This move comes amid rising global interest in Bitcoin as a hedge against inflation and currency devaluation, especially in emerging markets. By extending their reach to Thailand, Metaplanet’s investors aim to capitalize on growing crypto adoption in Southeast Asia.
Analysts say this bid could also pave the way for DV8 to transform into a hybrid retail-crypto holding company, appealing to both traditional investors and Bitcoin enthusiasts.
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