SBI Holdings says it submitted a letter of intent and began capital and business partnership talks with bitbank, as it seeks to strengthen its position in Japan’s crypto market while deal terms remain undecided.
The claim is fully corroborated by the official SBI Holdings press release (https://www.sbigroup.co.jp/news/2026/0501_16298.html) dated May 1, 2026, which is the primary authoritative source. It explicitly states that SBI Holdings submitted a letter of intent to acquire bitbank shares and commenced capital and business alliance talks with the goal of making bitbank a consolidated subsidiary. The press release also confirms the SBI VC Trade merger with bitpoint Japan on April 1, 2026. Both CoinPost and NadaNews independently report the same facts, citing the official announcement. All material elements of the claim are verified with no conflicting evidence found.
SBI Holdings said it has submitted a letter of intent and started capital and business partnership talks with crypto exchange operator bitbank as part of a plan to strengthen its position in Japan’s crypto market. The company is considering acquiring a stake that could make bitbank a consolidated subsidiary, but said the deal structure and timing remain under discussion pending due diligence and internal approvals. The development adds that formal partnership talks have begun and frames the move directly as part of SBI’s strategy to expand its crypto market position in Japan.