SBI Holdings has announced discussions with Bitbank, Inc. to explore capital and business cooperation, aiming to make Bitbank a consolidated subsidiary. The acquisition of shares is contingent upon due diligence and internal procedures, with details on timing and method yet to be finalized. This move follows SBI Group's recent acquisition of Bitpoint Japan, highlighting its strategy for industry consolidation. Bitbank had previously planned to list on the Tokyo Stock Exchange in mid-2025, but the impact of the current talks on its IPO remains uncertain.