The post Tokyo Fashion Brand Expands Into Bitcoin and AI appeared on BitcoinEthereumNews.com. On Wednesday, Japanese casual apparel retailer Mac House announced that shareholders approved a name change to Gyet Co., Ltd., signaling a strategic shift into crypto and digital assets. The move highlights a broader corporate plan centered on cryptocurrency, blockchain, and artificial intelligence. It reflects the company’s ambition to launch a global Bitcoin treasury program, drawing attention from both domestic and international observers. “Yet” and Its Global Significance Gyet’s amended corporate charter introduces wide-ranging digital initiatives, adding cryptocurrency acquisition, trading, management, and payment services. The new objectives also cover crypto mining, staking, lending, and yield farming, as well as blockchain system development, NFT-related projects, and research in generative AI and data center operations. These changes indicate a clear intent to diversify beyond apparel and position the company within global technology and finance sectors. Sponsored Sponsored The rebranding reflects Gyet’s aim to operate with a broader international outlook. Its new name conveys three concepts: “Growth Yet,” “Global Yet,” and “Generation Yet,” signaling a desire to create technology-driven value for future generations while expanding beyond Japan’s domestic market. Bitcoin Purchasing and Mining Gyet declared its digital asset ambitions in June 2025 and in July signed a basic cooperation agreement with mining firm Zerofield. The company has since begun a $11.6 million Bitcoin acquisition program and is testing mining operations in US states such as Texas and Georgia, where electricity costs are relatively low. Its goal of holding more than 1,000 BTC is modest globally, but the model—funding purchases and mining with retail cash flow—remains unusual for an apparel business. Within Japan, Gyet follows companies such as Hotta Marusho and Kitabo, which have also diversified into cryptocurrency activities distinct from their original operations. This move may accelerate corporate Bitcoin holdings as a financial strategy, attract interest in overseas mining ventures by Japanese firms, and… The post Tokyo Fashion Brand Expands Into Bitcoin and AI appeared on BitcoinEthereumNews.com. On Wednesday, Japanese casual apparel retailer Mac House announced that shareholders approved a name change to Gyet Co., Ltd., signaling a strategic shift into crypto and digital assets. The move highlights a broader corporate plan centered on cryptocurrency, blockchain, and artificial intelligence. It reflects the company’s ambition to launch a global Bitcoin treasury program, drawing attention from both domestic and international observers. “Yet” and Its Global Significance Gyet’s amended corporate charter introduces wide-ranging digital initiatives, adding cryptocurrency acquisition, trading, management, and payment services. The new objectives also cover crypto mining, staking, lending, and yield farming, as well as blockchain system development, NFT-related projects, and research in generative AI and data center operations. These changes indicate a clear intent to diversify beyond apparel and position the company within global technology and finance sectors. Sponsored Sponsored The rebranding reflects Gyet’s aim to operate with a broader international outlook. Its new name conveys three concepts: “Growth Yet,” “Global Yet,” and “Generation Yet,” signaling a desire to create technology-driven value for future generations while expanding beyond Japan’s domestic market. Bitcoin Purchasing and Mining Gyet declared its digital asset ambitions in June 2025 and in July signed a basic cooperation agreement with mining firm Zerofield. The company has since begun a $11.6 million Bitcoin acquisition program and is testing mining operations in US states such as Texas and Georgia, where electricity costs are relatively low. Its goal of holding more than 1,000 BTC is modest globally, but the model—funding purchases and mining with retail cash flow—remains unusual for an apparel business. Within Japan, Gyet follows companies such as Hotta Marusho and Kitabo, which have also diversified into cryptocurrency activities distinct from their original operations. This move may accelerate corporate Bitcoin holdings as a financial strategy, attract interest in overseas mining ventures by Japanese firms, and…

Tokyo Fashion Brand Expands Into Bitcoin and AI

2025/09/18 11:13

On Wednesday, Japanese casual apparel retailer Mac House announced that shareholders approved a name change to Gyet Co., Ltd., signaling a strategic shift into crypto and digital assets.

The move highlights a broader corporate plan centered on cryptocurrency, blockchain, and artificial intelligence. It reflects the company’s ambition to launch a global Bitcoin treasury program, drawing attention from both domestic and international observers.

“Yet” and Its Global Significance

Gyet’s amended corporate charter introduces wide-ranging digital initiatives, adding cryptocurrency acquisition, trading, management, and payment services. The new objectives also cover crypto mining, staking, lending, and yield farming, as well as blockchain system development, NFT-related projects, and research in generative AI and data center operations. These changes indicate a clear intent to diversify beyond apparel and position the company within global technology and finance sectors.

Sponsored

Sponsored

The rebranding reflects Gyet’s aim to operate with a broader international outlook. Its new name conveys three concepts: “Growth Yet,” “Global Yet,” and “Generation Yet,” signaling a desire to create technology-driven value for future generations while expanding beyond Japan’s domestic market.

Bitcoin Purchasing and Mining

Gyet declared its digital asset ambitions in June 2025 and in July signed a basic cooperation agreement with mining firm Zerofield. The company has since begun a $11.6 million Bitcoin acquisition program and is testing mining operations in US states such as Texas and Georgia, where electricity costs are relatively low. Its goal of holding more than 1,000 BTC is modest globally, but the model—funding purchases and mining with retail cash flow—remains unusual for an apparel business.

Within Japan, Gyet follows companies such as Hotta Marusho and Kitabo, which have also diversified into cryptocurrency activities distinct from their original operations. This move may accelerate corporate Bitcoin holdings as a financial strategy, attract interest in overseas mining ventures by Japanese firms, and reduce perceived barriers for non-tech companies exploring Web3 or AI projects.

Hybrid DAT Model: Traditional Commerce Meets Digital Asset Management

Gyet plans to grow its Bitcoin reserves through both direct purchases and mining while pursuing AI-based services and potential acquisitions to broaden its business portfolio. The company intends to combine its nationwide retail presence with emerging digital technologies to create a hybrid model of traditional commerce and cryptocurrency management.

To support expansion, Gyet increased its authorized share count from 31 million to 90 million, giving it greater flexibility for future financing and capital planning.


Source: https://beincrypto.com/tokyo-fashion-brand-expands-into-bitcoin-and-ai/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Kerrisdale Short Report Suggests BitMine’s ETH Strategy May Weaken Amid Heavy Stock Issuance

Kerrisdale Short Report Suggests BitMine’s ETH Strategy May Weaken Amid Heavy Stock Issuance

The post Kerrisdale Short Report Suggests BitMine’s ETH Strategy May Weaken Amid Heavy Stock Issuance appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → BitMine Kerrisdale report: BitMine shares swung after short seller Kerrisdale accused the company of dilutive stock issuance and an unsustainable Ether-accumulation strategy, noting NAV opacity and slowing ETH-per-share growth. Investors reacted with volatility while shares ultimately closed slightly higher. Short-seller claim: BitMine’s strategy is unsustainable Stock issuance and at-market raises have pressured investor sentiment and narrowed the premium to NAV. BitMine holds roughly 2.83 million ETH (reported figure), a key point behind valuation debates. BitMine Kerrisdale report: Kerrisdale says BitMine’s ETH strategy and share issuance undercut value; read the firm’s market impact and investor takeaways. What is the Kerrisdale report saying about BitMine? BitMine Kerrisdale report alleges the company’s strategy of selling stock to buy Ether dilutes shareholders and has reduced the premium to net asset value. The short seller highlights rapid at-market raises, slowing ETH-per-share growth, and reduced transparency around NAV as core concerns. How did BitMine shares react to Kerrisdale’s claims? Shares ranged from a day low near $57.41 to an intraday above $60, closing up 1.35% at $60 and ticking higher after hours. Price swings reflected…
Share
BitcoinEthereumNews2025/10/09 13:35
Share
Ghana finalizes crypto bill; Kenya advances VASP law

Ghana finalizes crypto bill; Kenya advances VASP law

The post Ghana finalizes crypto bill; Kenya advances VASP law appeared on BitcoinEthereumNews.com. Homepage > News > Business > Ghana finalizes crypto bill; Kenya advances VASP law Ghana has become the latest African country to draft a comprehensive framework for the digital asset industry, with the country’s central bank sending the new draft bill to parliament. Meanwhile, in Kenya, a Virtual Asset Service Providers (VASP) Bill that grants regulatory authority to the central bank and the capital markets watchdog was given the nod at the committee stage in the National Assembly. Ghana’s new law targets burgeoning ‘crypto’ sector The Bank of Ghana (BOG) recently announced that it has completed drafting a new virtual assets bill and will hand it over to parliament for consideration. The central bank has been working on the bill for a few years, local media outlets report. It has collaborated with the anti-money laundering (AML) watchdog, known as the Financial Intelligence Centre (FIC), and the Securities and Exchange Commission (SEC) to address concerns such as market integrity, Know Your Customer (KYC) programs, and AML practices. Additionally, the bank has worked with industry experts and lobby groups, government institutions, legal and technology experts, and international partners, including the International Monetary Fund (IMF). BOG intends to continue collecting feedback from the rapidly expanding ‘crypto’ industry and has already planned national engagement sessions with the public. It will also lead awareness campaigns, which Governor Johnson Asiama has previously said is critical to the success of the new framework. In its statement, the regulator reiterated its commitment to promoting “a safe, transparent, and innovative virtual asset ecosystem that protects users, encourages responsible innovation, and safeguards the integrity of the financial system.” The top bank has already started laying the groundwork for the new framework. A few months back, it launched a mandatory registration exercise for VASPs operating in Ghana, from exchanges and wallets…
Share
BitcoinEthereumNews2025/10/09 13:05
Share